Published on: 2026-07-03
Source: People’s Republic of China in Russian –
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Beijing, July 3 /Xinhua/ — Starting from January 1, 2027, China will cancel the policy of a 50 percent tax reduction on vehicles and vessels using energy-saving technologies. The tax exemption policy for certain types of new energy vehicles, including pure electric commercial vehicles, plug-in hybrid electric vehicles, and fuel cell commercial vehicles, will also be abolished, Chinese authorities announced on Friday. -0-
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