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Business News » World News

China's plans to loosen restrictions on second-hand auto market

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China`s state planning agency said on Tuesday it will loosen restrictions on the second-hand auto market, and provide subsidies to help boost rural sales of some vehicles and sales of new energy vehicles.

Auto sales in the world`s biggest car market shrank for the first time in 2018 since the 1990s, as China grapples with a slowing economy.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

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Economy
Updated: Tue, Jan 29, 2019
07:05 am
Reuters

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