China: Govt announces new scrappage subsidies

China's ministries of Commerce and Finance have announced the details of a new scrappage incentive programme for 2011. The government phased out a similar programme at the end of 2010. Shanghai Daily, citing a statement from the two ministries, said the new scrappage programme will allow vehicle owners to receive up Subscribe to Automotive World … Continued

• By Webmaster
• June 13, 2011