Tag: Xi Jinping

May 22, 2018 - 03:03 pm

China lowers import tariffs on vehicles from 25% to 15%

The plans to lower vehicle import tariffs announced by Chinese president Xi Jinping in April are getting more definite: According to an announcement by the ministry of finance, the tariffs for personal vehicles will be lowered from 25 to 15 percent on the 01. July.

Apr 17, 2018 - 05:40 pm

China drops JV requirements for foreign companies

Now it’s official, the government in Beijing has dropped the requirement for foreign car manufacturers to team up with a local joint venture partner – and sooner than expected. Specifically foreign firms making BEVs and PHEVs may begin selling in China this year.

Apr 10, 2018 - 03:54 pm

China considers lowering tolls on car imports

Chinas president Xi Jinping announced plans to “significantly” lower import tariffs on cars this year. Furthermore, foreign companies will generally receive better market access and improved investment opportunities.



Found on electrive.com
22.05.2018 15:46