Nanjing, Jiangsu Province issued the “Several Opinions on Further Expanding Domestic Demand to Drive Consumption†(hereinafter referred to as “Opinionsâ€), many of which involve the automotive industry. It is understood that the "Opinions" issued by the Nanjing Municipal Government have proposed 30 specific opinions on 10 aspects including investment promotion, real estate consumption and automobile consumption. Among them, in the “strongly promoting automobile consumptionâ€, the “Opinions†indicated that “encourage the use of energy-saving and new energy vehicles†and “improve the automobile consumption environmentâ€. The specific approach is: “Do a good job in the national “Energy Conservation and New Energy Vehicle Demonstration and Promotion Pilot City†declaration work; increase the elimination of yellow label vehicles and the promotion of national IV standard gasoline, encourage the renewal of energy-saving vehicles, and subsidize the retirement of old vehicles. Accelerate the renewal of new energy vehicles for public transportation and taxis; encourage the preferential purchase of real estate automobile products under the same conditions; lower the threshold for buying credit, effectively solve the problem of dealer financing; vigorously cultivate the used car market, reduce the evaluation cost, and promote used cars Market development, etc.
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