BEIJING, Aug. 1 (Xinhua) -- Northwest China's Shaanxi Province has recently unveiled nine measures to promote development of its automobile industry, according to the local authorities.
Shaanxi will set up provincial auto industry development special funds in a total amount of 4 billion yuan, increase financial support to the automobile industry, and promote use of new energy and clean energy vehicles.
The Province will guide establishment of seven industrial investment funds to increase investment in the automotive industry.
It will accelerate the application of new energy vehicles in the public sector such as public transportation, rental, logistics, etc., and expand the use of methanol, ethanol, and hydrogen fuel-powered vehicles in the province.
In addition, Shaanxi will hold the automotive industry international forums under the Belt and Road Initiative, international and domestic automobile events and other activities to expand the influence of its automobile industry. (Edited by Hu Pingchao, hupingchao@xinhua.org)
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