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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 It’s time to log … Continued

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

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