The Chinese government plans to decommission as many as 5.33 million cars throughout the country this year that fail to meet domestic fuel standards, Reuters reported, citing a policy document published on Monday. The bid to improve air quality was announced alongside new targets for the closures of coal-fired heating systems and the installation of new equipment to reduce emissions at power stations, steel mills and cement plants. The State Council document did not say how the plan would be implemented, but subsidies previously offered for voluntary scrapping may be extended to ‘yellow label’ vehicles that fail to meet minimum standards.
You must log in to post a comment.
Yes, I would like to receive emails from China Economic Review. (You can unsubscribe anytime)
Copyright © 2018 SinoMedia Group Limited All rights reserved