China News Service, August 19th. In order to expand consumption, cultivate new growth points, and promote new energy vehicle consumption, related industry upgrades, and green and low-carbon development, the State Council executive meeting held on August 18th decided that firstly, it will be postponed twice. The implementation of the new energy vehicle purchase tax exemption policy that expires at the end of this year will be postponed until the end of next year, and an additional tax exemption of 100 billion yuan is expected.

The second is to maintain the stability of other relevant support policies for the consumption of new energy vehicles, continue to exempt vehicle and vessel tax and consumption tax, and provide support in terms of road access rights and license indicators.

The third is to establish a coordination mechanism for the development of the new energy vehicle industry, adhere to the market-oriented approach, promote the survival of the fittest and the development of supporting industries, and promote the competitiveness of the entire industry.

Vigorously promote the construction of charging piles and include them in the support scope of policy development financial instruments.

(Zhongxin Finance)