BEIJING -- China will continue to waive on new energy vehicles (NEVs) for the next three years in its latest attempt to encourage green transportation, an official statement said Wednesday.The tax incentive covers fully electric, hybrid and fuel-cell vehicles that have obtained sales permission in China, and the measure will be effective through the end of 2020, the Ministry of Finance said in an online statement.This was an extension of an existing purchase tax waiver that was rolled out in 2014 as part of measures to reduce emissions.The country will add new NEV models to the list of cars eligible for the tax exemption, as long as they meet a set of technical, quality, safety and efficiency standards.Thanks to favorable government policies, including subsidies and tax incentives, China's NEV market has seen rapid growth in recent years.Sales of Chinese NEVs increased over 80 percent year on year in November to 119,000 units, data from the China Association of Automobile Manufacturers showed.In the first 11 months, production and sales stood at 639,000 and 609,000 units respectively, up 49.7 percent and 51.4 percent from a year ago. glow wristbandsbatman wristbandbulk custom braceletswristband creationslap wristbands24hr wristband
WASHINGTON - More countries see China as the world's top economic power and have favorable view toward China in 2017, according to a survey conducted by the Pew Research Center. Although the US still remains the leading economic power, the gap with China is narrowing, the survey found. According to the survey, in 24 of the 38 countries surveyed, most see the US as the global economic leader, while 12 countries named China as the world's top economy, double the number of nations who saw China in the economic lead between 2014 and 2016. In Western Europe, people tend to list China, instead of US, as the global economic leader. Australia, Canada and Russia also tend to hold the same view. Although US remained as the economic leader, the view has become less strong as in previous years, the survey found. Over the past few years, the steepest drops in views of the US as the economic leader were in Africa and Latin America, said Pew. For example, in Senegal, from 2014 to 2016, 68 percent said the US was the economic leader, but the ratio has fallen to 48 percent in 2017. In Mexico, the ratio also fell from 60 percent in the 2014-2016 period to 47 percent in 2017. Global publics also tend to express positive views about China. A median of 47 percent across the 38 countries surveyed have a favorable opinion of China, while 37 percent have an unfavorable view, the survey found. China received the most positive ratings in sub-Saharan Africa. In some countries, such as Britain, Australia and Russia, the younger generation is more favorable toward China than their elders, said Pew. The survey was conducted among over 40,000 respondents in 38 countries, including US Canada, UK, France, and India, from February to May in 2017.
