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. make your own wristband24 hour wristbands couponprinted wristbandswide rubber bandsdebossed wristband
MACAO - The overall residential property price index in China's Macao Special Administrative Region (SAR) from March to May increased by 5.4 percent to 265.0, compared with that of the previous period from February to April, the SAR's statistics service said on Tuesday.Information from the Statistics and Census Service also indicated that the index for the Macao Peninsula (266.7), and Taipa and Coloane (257.0) rose by 6.0 percent and 2.3 percent respectively.The index for overall existing residential units (285.2) went up by 3.4 percent from March to May, while the index for pre-sale residential units (274.3) increased by 9.2 percent.The overall residential property price index expanded by 8.7 percent year-on-year compared with the same period last year, with the index for existing residential units and pre-sale residential units rising by 10.0 percent and 10.8 percent respectively year-on-year.
