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Local authorities should not protect outdated industry of new energy vehicle, MOF official

January 20, 2017

Abstract : Chinese local authorities could introduce various preferential policies to support the development of new energy vehicles, but should not protect outdated industry.

BEIJING -- Chinese local authorities could introduce various preferential policies to support the development of new energy vehicles, but should not protect outdated industry, the Xinhua-run Shanghai Securities News quoted Song Qiuling, an official with the Ministry of Finance (MOF), as saying on Jan.14.

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Keyword: energy new vehicle

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