Chongqing launched a policy whereby consumers purchasing new cars can receive subsidies of up to 3,000 yuan per car. It is expected that “it will be easier to get rid of the old and more willing to replace with the new” Industry insiders pointed out that with the implementation of the "Plan", the auto market will establish an effective mechanism.
New cars tend to tend to have higher emissions, thereby alleviating the pressure on air pollution and traffic. New vehicles will need to be updated and upgraded this year.