China Finance Ministry and Science Ministry announced the “Notification of Demonstration and pilot project of Energy Saving and New Energy Automobiles”, launched the project name as “one thousand new energy automobile in ten cities” and formulate the “Energy Saving and New Energy Automobiles Demonstration Financial subsidies Regulation interim procedures” in January of 2009. It was the first time to confirm the specific subsidies standard for various types of energy save and new energy automobiles according to the index of fuel efficiency.
China National Development and Reform Commission announced ”Automobile Industry Adjustment and revitalization Planning Rules” in March of 2009, proposed ....