On May 23rd, the Development and Reform Commission of Shenzhen, the Bureau of Commerce of Shenzhen, the Industry and Information Technology Bureau of Shenzhen, the Transportation Bureau of Shenzhen, the Bureau of Culture, Radio, Television, Tourism and Sports of Shenzhen, and the Health Commission of Shenzhen jointly issued the “Several Measures on Promoting Continuous Recovery of Consumption in Shenzhen”.
In promoting car consumption, ten measures have been proposed, including subsidies of no more than RMB 10,000 per vehicle for new energy vehicles, increasing the issuance of quota for automobiles and relaxing the application requirements for hybrid automobiles, and other favorable measures.
The following is the original text of some of the measures:
(1) Support individual consumers to purchase new energy vehicles. For individual consumers who purchase new energy vehicles that meet the conditions and are registered in Shenzhen, subsidies of no more than RMB 10,000 per vehicle will be given. The policy of exempting new energy vehicles from vehicle purchase tax will be fully implemented. (Responsibility units: Industry and Information Technology Bureau, Finance Bureau, Public Security Traffic Police Bureau, and Shenzhen Taxation Bureau).
(2) Increase the issuance of quota for ordinary automobiles. 20,000 quota for ordinary automobiles will be newly issued. Through special lottery activities, they will be allocated to “unsuccessful” applicants who are still in the lottery and have participated in 60 or more rounds (including the 60th round). Successful applicants must purchase fuel-efficient or new energy vehicles that meet the conditions (those who purchase new energy vehicles will be given subsidies of no more than RMB 20,000 per vehicle). (Responsibility units: Transportation Bureau, Industry and Information Technology Bureau, Bureau of Commerce, Public Security Traffic Police Bureau, and Finance Bureau).
(3) Relax the application requirements for quota of hybrid automobiles. Individuals who own only 1 registered automobile in Shenzhen may purchase a hybrid automobile that meets the conditions and apply for the registration quota. (Responsibility units: Transportation Bureau, Public Security Traffic Police Bureau).
(4) Encourage the use of new energy or clean energy for tourism and passenger vehicles. For enterprises, individual businesses and others who purchase new energy tourist and passenger vehicles (including vehicles fueled by clean fuels), subsidies of no more than RMB 50,000 per vehicle will be given. Promotion of green transportation services for party and government organs, enterprises, and public institutions will be ensured. (Responsibility units: Transportation Bureau, Industry and Information Technology Bureau, Bureau of Culture, Radio, Television, Tourism and Sports, and Finance Bureau)
(5) Accelerate the clean transformation of garbage transport vehicles. The procurement of life garbage transport services will be comprehensively coordinated, and all districts will accelerate the transformation of diesel garbage transport vehicles to LNG, electric (including battery swap), and hydrogen fuel cell transport vehicles that meet the conditions in accordance with the “contract expiration, full replacement” principle. (Responsibility units: Industry and Information Technology Bureau, Urban Management and Comprehensive Law Enforcement Bureau and various districts).
(6) Promote the renewal and replacement of internal combustion engine trailers in ports. Subsidies of no more than RMB 50,000 per vehicle will be given for the replacement of internal combustion engine trailers in ports with new energy vehicles (including those fueled by clean fuels) that meet the conditions. (Responsibility units: Transportation Bureau, Industry and Information Technology Bureau, and Finance Bureau)> (VII) Increase the promotion and use of new energy vehicles in the public domain. Coordinate the scrapping and replacement of fuel-powered official vehicles, police cars, state-owned enterprise vehicles, etc., with new energy vehicles. Accelerate the replacement work of buses and taxis that have reached their service life. (Responsible units: Municipal Office Affairs Management Bureau, Public Security Bureau, State-owned Assets Supervision and Administration Commission, Transportation Bureau, Industry and Information Technology Bureau, various districts)
(VIII) Promote the trading of used cars. Expand the scope of the pilot program for the turnover of used cars, and issue used car turnover indicators to qualified used car corporate entities. Used car dealers will be subject to a reduced VAT rate of 0.5% on the sales of the purchased used cars. (Responsible units: Municipal Commerce Bureau, Transportation Bureau, Public Security Traffic Police Bureau, Shenzhen Municipal Taxation Bureau)
(IX) Launch automotive promotion activities in rural areas. Shenzhen-Shanwei Special Cooperation Zone household residents who purchase new energy vehicles within Shenzhen’s administrative region (new district) may apply for incremental indicators for pure electric or hybrid cars according to relevant regulations and enjoy relevant subsidy policies. Give full play to the role of Shenzhen’s outpost work institutions stationed in various paired support areas, strengthen government-enterprise cooperation, and promote automotive sales in rural areas. (Responsible units: Municipal Transportation Bureau, Public Security Bureau, Public Security Traffic Police Bureau, Industry and Information Technology Bureau, Commerce Bureau, Rural Revitalization and Cooperation Bureau, Finance Bureau, Shenzhen-Shanwei Special Cooperation Zone)
(X) Expand the export of new energy vehicles. Accelerate the improvement of the city’s new energy vehicle production capacity and support registered car production and export enterprises that export complete cars from Shenzhen to expand their export scales. Improve the level of port logistics facilitation, promote major shipping companies to open fixed foreign trade roll-on/roll-off routes in Shenzhen Port, and provide full subsidies for mooring fees and port operation costs to shipping companies that carry export cars. (Responsible units: Municipal Commerce Bureau, Industry and Information Technology Bureau, Transportation Bureau, Finance Bureau)
?Source: iShenzhen
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