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China shall roll out policies to stimulate auto consumption, urged the National Information Center in its recent report, according to the Shanghai Morning Post.
And one of the encouraging moves suggested by the center is to lift the consumption taxes that are levied on the car buyers, which helps to shoot up the cost on cars.
The urge is made in repondance to the report's conlusion on the major factors that are curbing the expansion of China's car purchase. The factors include the high bills on car purchase and auto maintenance, as well as too much restriction on car use, according to the Shanghai Morning Post.
(Eastday.com 04/04/2001)
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