Tax exempt car models released in govt list

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The Chinese government issued the latest list of car models eligible for tax reductions and exemptions on Aug 21.

On the list are 565 energy-saving models, of which 301 are passenger cars.

There are also 1,734 new-energy vehicles, of which only 13 are passenger vehicles while commercial ones account for 98 percent of the total. The moves are expected to boost sales in new-energy vehicles.

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