Home Business China to gradually lift restrictions on new energy vehicle purchases in various regions, steadily expand green bond issuance | Reuters

China to gradually lift restrictions on new energy vehicle purchases in various regions, steadily expand green bond issuance | Reuters

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BEIJING, Jan 21 (Reuters) – China‘s National Development and Reform Commission and other ministries released plans on Friday to vigorously promote new energy vehicles, gradually remove restrictions on the purchase of new energy vehicles in various regions, promote the implementation of support policies such as travel restrictions and road rights, and strengthen charging and replacement. , new energy storage, hydrogenation and other supporting infrastructure construction, and actively promote the development of LNG for vehicles and ships. Promote the pilot work on the application of the battery swap mode for new energy vehicles, and carry out the demonstration application of fuel cell vehicles in an orderly manner.

The official website of the National Development and Reform Commission published the full text of the “Implementation Plan for Promoting Green Consumption” here and stated that it will steadily expand the scale of green bond issuance, encourage financial institutions and non-financial enterprises to issue green bonds, and provide better service support for the certification and promotion of green and low-carbon technology products. Encourage social capital to set up green consumption-related funds in a market-oriented manner. Encourage the development of new energy vehicle insurance products, and encourage insurance companies to provide insurance protection for green buildings.

Carry out in-depth activities of new energy vehicles to the countryside, encourage automobile enterprises to develop and promote new energy vehicles that are suitable for the travel needs of rural residents, high quality and low price, advanced and applicable, and promote the improvement of the rural operation and maintenance service system. Reasonably guide consumers to purchase lightweight, miniaturized and low-emission passenger vehicles. Vigorously promote the electrification of vehicles in the public sector, and increase the proportion of new energy vehicle applications in urban public transport, taxis (including online car-hailing), sanitation, urban logistics and distribution, postal express delivery, civil aviation airports, and official business of party and government agencies.

Orderly develop the sharing economy in travel, accommodation, freight and other fields, and encourage the sharing and exchange of idle items. Actively develop the second-hand car dealership business, promote the implementation of the policy of comprehensively canceling the relocation restriction of second-hand cars, and further expand the circulation of second-hand cars. Actively develop second-hand transactions such as home appliances, consumer electronics and clothing, and optimize the trading environment.

The plan proposes that by 2025, the concept of green consumption will be deeply rooted in the hearts of the people, extravagance and waste will be effectively curbed, the market share of green and low-carbon products will be greatly increased, the green transformation of consumption in key areas will achieve remarkable results, the green consumption method will be widely implemented, and the green and low-carbon cycle will be implemented. The developed consumption system has taken shape initially.

By 2030, green consumption patterns will become the conscious choice of the public, green and low-carbon products will become the mainstream of the market, a green and low-carbon development model of consumption in key areas will be basically formed, and the green consumption system, policy system, and institutional mechanisms will be basically sound.

The China Automobile Association recently stated that new energy vehicles became the biggest bright spot in the auto industry last year, with annual sales exceeding 3.5 million units and a market share of 13.4%, further demonstrating that the new energy vehicle market has shifted from policy-driven to market-driven. (Finish)

Published by Wang Shuyan; edited by Yang Shuzhen

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