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International summit forum of green vehicle and battery energy-saving technology was held in Hangzhou, where the responsible person concerned of SAE-China mentioned a new round of subsidy policy was expected to issue in September.
It"s said the subsidy to energy-saving vehicles especially hybrid city buses would decrease dramatically, while the promotion of new-energy vehicles in private purchasing field would be encouraged.
Hearsay tells the subsidy will be divided to 16 levels, lower limit being CNY 3,000. Some insider said the government would subsidize the consumption as well as R&D and infrastructure. Besides the direct fund subsidy, the government would release a series of tax reduction policies.