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2014 and 2015 to adjust the amount of subsidy the countrys new energy

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February 8, 2014, the National Development and Reform Commission and other units jointly issued the ""Circular on Further Improving dissemination and application of new energy vehicles,"" which was originally a new energy subsidies in 2014 and 2015 compared to 2013 subsidies will be reduced by 10% and 20 %, the country announced to reduce the amount of subsidies each year to reduce the magnitude of adjustment for the 2014 and 2015 compared to 2013 decreased by 5% and 10%, in order to encourage consumers to buy new energy vehicles.

    Note: According to the new regulations of the state energy subsidies, during 2013 -2015 policy implementation, the amount of subsidy for each year will be down by year, meaning that 2014 will be less than the amount of new energy subsidies in 2013, 2015 will be lower. Well, according to the original regulations, 2014 and 2015 will reduce the amount of subsidy in 2013 on the basis of the country by 10% and 20%, this adjustment is to reduce the amount of the subsidy decreasing year by year, adjusted to 5% and 10%.

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