Citation :
China’s State Council is considering continuing a tax exemption on some clean cars for another four years, according to people familiar with the matter, as the government seeks to stimulate consumer demand for new-energy vehicles. The country’s chief administrative body is convening a meeting on Friday to discuss a range of policy measures aimed at boosting the economy. One of those measures may be extending the purchase tax break for electric vehicles and plug-in hybrids that cost less than 300,000 yuan ($42,400), one of the people said, asking not to be identified because the details are private
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