Delegates address auto industry challenges at two sessions

Zhong Faping, NPC deputy and chairman of Hunan Corun New Energy Co Ltd. [Photo/china.com.cn]

"First, expect to have government policy play a bigger role in driving the market and getting favorable results, offering different levels of subsidies for hybrid cars according to their gasoline savings rate in the next subsidy period from 2016 to 2018.

Second, the government should make some preferential measures for auto industry related taxes, such as halving the purchase tax for hybrid vehicle buyers. Compared with other new-energy vehicles, hybrid cars have received less preferential policies from the government, which has led to weaker competitiveness.

Hybrid vehicles contribute significantly to saving energy and reducing emissions, so China should strengthen its support for such cars and turn the industry gradually into being market-driven."