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BEIJING, Jan. 18 (Xinhua) -- Subsidies for new energy cars will be cut further this year before being phased out in China altogether by the end of 2020, Thursday's China Daily reported.
"The move was scheduled to be released by the end of 2017, but there was some controversy and hence has been delayed for a while Myles Garrett Jersey ," Wu Zhixin, vice-president of the China Automotive Technology & Research Center, which participated in drafting the plan, was quoted as saying.
The ministries concerned, including the Ministry of Finance and the Ministry of Industry and Information Technology, have reached a consensus on the final draft and submitted it for final approval Baker Mayfield Jersey , according to Wu.
Wu did not give details about how much the current subsidies would be cut but said cars qualified for subsidies in 2017 would have their eligibility extended for around four months into this year, the newspaper reported.
China has been offering financial incentives since 2010 to stimulate the popularity of new energy cars.
Wu told the newspaper that subsidy cuts will see small and uncompetitive players wiped out faster than expected but outstanding performers would not be affected much.
The China Association of Automobile Manufacturers estimated that new energy car sales would grow at around 40 percent to exceed 1 million units in 2018. More than 777,000 units were sold last year in China, a 53 percent surge year on year.
BEIJING, Jan. 18 (Xinhua) -- China's top environment authorityhas issued an updated management guideline to regulate itspollutant emission permit system, making sure every emission intothe air Antonio Callaway Jersey , water and soil is supervised, Thursday's China Dailyreported.
Based on the provisional document in December 2016 to promotethe permit system, the guideline was made public by the Ministry ofEnvironmental Protection, the newspaper said.
The updated guideline highlights the responsibilities ofcompanies including the need to conduct regular monitoring andrelease information. Violators face tough punishments.
If a company is caught discharging pollutants without a permit,it could be required to suspend production or shut down, and facesa fine of up to 1 million yuan (155 Chad Thomas Jersey ,000 U.S. dollars), according tothe guideline.
Companies guilty of other violations including excessiveemissions and falsifying monitoring data will also face similarpenalties of closure and heavy fines.
The permit system has worked in regulating emissions in the pastyear, and will be more effective when it is expanded to cover allcompanies with the help of the updated guideline, the ministrysaid.
In China, 27 provinces have adopted the pollutant emissionpermit system since the 1980s, and granted permits to more than240 Austin Corbett Jersey ,000 companies before the reform started in 2016.
But problems including a lack of unified standards have loweredthe performance, thus making the update necessary, Wang Jian,deputy head of the ministry's department in charge of air pollutioncontrol, was quoted by the newspaper as saying. Enditem
