EIA: China promoting both fuel efficiency and alternative-fuel vehicles to curb growing oil use
Green Car Congress
MAY 13, 2014
To counter this trend triggered by China’s rapid motorization, the Chinese government is adopting a broad range of policies, including improvements in the fuel economy of new vehicles and the promotion of alternative-fuel vehicles, EIA notes. Additionally, in 2012 the Chinese Ministry of Finance announced it would provide annual subsidies up to two billion yuan ($323.6 Consumption of gasoline in China grew from 0.9
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