The Ministry of Commerce: To Issue Policies and Measures for Further Stabilizing Automobile Consumption

On the February 20, Wang Bin, the Deputy Director of the Marketing Department of the Ministry of Commerce, said that the Ministry of Commerce would work with relevant departments to discuss and introduce corresponding policies and measures to further stabilize automobile consumption and reduce the impact of the epidemic on automobile consumption. Additionally, all local authorities would be encouraged to introduce measures to promote new energy vehicle consumption, increase the issuance of permission with which one could purchase the traditional vehicles under the purchase restriction police, and carry out the incentive measures such as trade-in activity based on the specific situations, so as to promote the vehicle consumption.

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