Advanced Search  
  Living china>Potpourri
       
 

Buyers of big cars will pay more tax
(China Daily)
Updated: 2005-11-25 09:08

Buyers of big cars will fork out more taxes and those who opt for smaller models will pay less under a revised auto consumption tax likely to come into force next year.

Industry experts see it as a government move to increase fuel efficiency and reduce emissions.

The current tax structure, which has three slabs for different engine sizes, is likely to have five, Zhang Jinhua, deputy director of the China Automotive Technology and Research Centre, said yesterday in Beijing.

For instance, cars with engine displacement of 1 litre or less will pay 1 per cent instead of the current 3 per cent while vehicles with 4 litre or higher engines would pay between 20-25 per cent instead of the current 8 per cent.

"The consumption tax reform cannot have an immediate impact on the clean-vehicle market. But at least, it is an inspiration for car makers," Zhang said at the 4th International Clean Vehicle Technology Conference and Exhibition.

Earlier this month, Feng Fei, a senior official of the government's top think-tank, proposed that tax be levied on buyers rather than on auto producers as is done now.

"We suggest that tax be levied on car buyers directly, which will encourage them to consider buying economy vehicles with lower emissions," said Fei, director of the industry department of the State Council Development Research Centre.

At yesterday's conference, Zhang said if emissions were to be cut significantly, it would require State backing. "Substantial support from the government is needed. Without it, the price for hybrid vehicles will remain high and the market can never grow," he said.

Prius, jointly manufactured by Japan-based Toyota and the China FAW Group Corporation, will be the first hybrid car available in the Chinese market.

Zhu Yanfeng, president of the joint venture, announced on Wednesday that Prius would be available from mid-December for 250,000 yuan (US$31,000) a price tag substantially higher than the average.



 
  Go to Another Section  
 
 
  Story Tools  
   
Manufacturers, Exporters, Wholesalers - Global trade starts here.
Advertisement
         

| Home | News | Business | Living in China | Forum | E-Papers |Weather |

|About Us | Contact Us | Site Map | Jobs |
Copyright 2005 Chinadaily.com.cn All rights reserved. Registered Number: 20100000002731
主站蜘蛛池模板: aaa一级最新毛片| 久久青青草原精品影院| 粗大猛烈进出高潮视频大全| 国产亚洲精品美女久久久久| 亚洲国产最大av| 国内揄拍国内精品| xxxxxx日本处大片免费看| 成人综合伊人五月婷久久| 久久夜色撩人精品国产| 最近更新2019中文字幕8| 国产精品永久免费视频| 一区二区三区中文字幕| 无码人妻精品一二三区免费| 久久精品视频热| 欧美videosex性欧美成人| 亚洲日本乱码在线观看| 波多野结衣中文字幕一区二区三区| 免费无码AV一区二区| 3d区在线观看| 天堂а√中文最新版地址| 一级毛片免费观看不卡的| 扒开两腿猛进入爽爽视频| 久久久久亚洲精品中文字幕| 日韩欧美中文字幕在线观看| 亚洲AV无码精品色午夜果冻不卡| 欧美成人午夜视频在线观看| 亚洲欧美偷自乱图片| 永世沉沦v文bysnow全文阅读| 伊人色综合久久天天网| 精品哟哟哟国产在线观看不卡 | 中文字幕在线观看不卡| 日本三级片网站| 久久久精品人妻一区亚美研究所| 日韩成人免费在线| 久久精品无码一区二区三区免费| 曰韩无码无遮挡a级毛片| 亚欧色一区w666天堂| 最新版天堂中文在线官网| 五月婷婷久久综合| 日韩高清电影在线观看| 久久精品国产精品亚洲精品|