CHINA: Notice No. 754 of 2011 on Adjustment of Energy-Saving Automobile Promotion Subsidy Policy

Meta Data
Title in national language: 
信息化部关于调整节能汽车 推广补贴政策的通知
Draft: 
No
Revision of previous policy?: 
No
Effective Start Year: 
2011
Scope: 
National
Document Type: 
Other
Economic Sector: 
Transport
Energy Types: 
Power, Renewable, Other
Issued by: 
National Development and Reform Commission
Source: 
Beijing Municipal Commission of Development and Reform (CH)
File: 
Notice on Adjustment of Energy-Saving Automobile Promotion Subsidy Policy (CH)
Overall Summary: 
The Notice on Adjustment of Energy-Saving Automobile Promotion Subsidy Policy details the updated program design and adjusted subsidy amounts.
Efficiency
EE transport standards : 
1. The current subsidy policy for the promotion of energy-saving vehicles will be implemented until September 30, 2011. Promotion enterprises should seriously summarize the promotion situation from June 1, 2010 to September 30, 2011, and prepare a subsidy fund settlement report, which will be issued by the provincial finance department in conjunction with the Development and Reform Commission, the industry and information authorities before October 31, 2011 Report to the Ministry of Finance after review. The Ministry of Finance, the National Development and Reform Commission, and the Ministry of Industry and Information Technology will organize special inspections and liquidate the subsidy funds based on the inspection results. 2. From October 1, 2011, implement a new subsidy policy for the promotion of energy-saving vehicles.
EE financial incentives: 
(2) The promotion subsidy standard remains unchanged, that is, consumers will continue to be given a one-time fixed subsidy of 3,000 yuan for purchasing energy-saving vehicles, which will be paid by the manufacturer to the purchaser at the time of sale.