Meta Data
Title in national language: 
关于2016-2020年新能源汽车财政支持的通知
Draft: 
No
Revision of previous policy?: 
No
Draft Year: 
2015
Effective Start Year: 
2016
Effective End Year: 
2020
Scope: 
National
Document Type: 
Other
Economic Sector: 
Energy, Industry, Transport
Energy Types: 
Power, Renewable
Issued by: 
National Development and Reform Commission P.R.C.;Ministry of Industry and Information Technology of the P.R.C.; Ministry of Finance of P.R.C; Ministry of Science and Technology of the P.R.C.
Overall Summary: 
The policy clarifies the specific action for financial support of the new energy vehicles, including the subsidies standards, the requirements for the products and new energy vehicles companies, etc.
Efficiency
EE financial incentives: 
[...]to promote the use of new energy vehicles, the central government will arrange subsidies for consumers. ---[...]During 2017-2020, the subsidies for new energy, vehicles except the fuel cell vehicles, will be reduced, of which in 2017 - 2018 subsidy standards will be reduced by 20% on the basis of 2016; and in 2019-2020, the decline will be 40%.