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Efficiency - China - To encourage use of fuel-efficient compact cars
SHANGHAI, China -Xinhua News/The Detroit News (USA) -8 Nov 2005: -- China will soon release a new policy encouraging development of fuel-efficient, compact cars, in a shift of strategy for a market that until recently was dominated by gas-guzzling sedans, a state news agency reported Tuesday. Liu Zhijie, an official with the National Development Reform Commission, China's top planning agency, told an energy conference in Beijing the new policy would clarify rules on emissions and small engines, the official Xinhua News Agency reported. Liu gave no details. However his comments followed reports China is planning to raise taxes on large engine vehicles as part of efforts to counter surging fuel prices. The central government also has said it wants an end to local restrictions that until recently have discouraged purchases of compact cars...
posted by Unknown @ 3:33 PM
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