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China extends NEV purchase tax exemption worth 100 billion yuan

2022.08.19 18:14

China extends NEV purchase tax exemption worth 100 billion yuan
China extends NEV purchase tax exemption worth 100 billion yuan

Budrigannews.com – China will extend its exemption of new energy vehicles’ from purchase taxes to the end of 2023, creating tax cuts worth a total of 100 billion yuan, state media Xinhua quoted cabinet meeting as saying on Friday.

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