EIA: China promoting both fuel efficiency and alternative-fuel vehicles to curb growing oil use
Green Car Congress
MAY 13, 2014
Under the Energy Saving and New Energy Vehicle Plan for 2012 to 2020 released in 2012, average passenger car fuel economy is targeted to increase to 34 miles per gallon (6.9 Additionally, in 2012 the Chinese Ministry of Finance announced it would provide annual subsidies up to two billion yuan ($323.6 Source: EIA.
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