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BIZCHINA> Top Biz News
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China to promote use of energy-efficient vehicles
(Xinhua)
Updated: 2009-01-27 09:19
The statement said the subsidy will be decided by the gap between the prices of energy-efficient vehicles and automobiles powered by traditional fuel. The program will be put into trial in public transport, taxi industry, postal and urban sanitary services in 13 cities including Beijing and Shanghai. The program is aimed at facilitating the technology upgrading and structural optimization of the automobile industry, said the statement. Local governments should also allocate funds for the building and maintenance of related facilities, said the statement. (For more biz stories, please visit Industries)
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