Auto leaders propose tax breaks, new energy incentives at two sessions

Zeng proposed efforts should be made to cut taxes for carmakers, as the automotive industry has been severely hit during the pandemic that is still raging in many countries.

He said the government should cut taxes for car buyers as well, a move that will help boost car sales. Car sales in China totaled 5.76 million in the first four months of 2020, down around one third from the same period last year.

His other suggestions to boost car sales include increasing car plate quotas in big cities, postponing the implementation of stricter emissions standards and further optimizing subsidy policies.

Zeng also proposed developing a new energy vehicle industry cluster in the Guangdong-Hong Kong-Macau Greater Bay Area, network security and measures to fight poverty.