Chinas plans to loosen restrictions on second-hand auto market
Chinas plans to loosen restrictions on second-hand auto market
China`s state planning agency said on Tuesday it will loosen restrictions on the second-hand auto market, and provide subsidies to help boost rural sales of some vehicles and sales of new energy vehicles.
Auto sales in the world`s biggest car market shrank for the first time in 2018 since the 1990s, as China grapples with a slowing economy.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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