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Executive Meting of the State Council Organizes Efforts to Take Old-For-New ServiceMeasures for Cars and Household Electrical Appliances

Source: Author£ºadmin Hits£º9255 Time£º2009/7/6 10:05:04
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Premier Wen Jia Bao held Executive Meeting of the State Council to study and deploy resources to launch the old-for-new measures for cars and household electrical appliances.

According to the Meeting, since this year, with the implementation of the plan for adjusting and reinvigorating key industries, the State has intensified efforts to replace the old cars by new ones and promulgate policies for encouraging cars and motorcycles and household electrical appliances to be accessible by the buyers in rural areas, which plays an important role in vigorously boosting consumption in rural markets, stimulating domestic demand, stabilizing and expanding employment and maintaining sound and rapid economic development. In order to further expand domestic demand, in response to the actual situation of household electrical appliances, cars and consumer markets in China, it is necessary to adopt the policies and measures for encouraging replacement of old cars and household electrical appliances by the new ones, which is favorable to not only expand consumer demand but also improve the efficiency of utilizing energy resources, mitigate environmental pollution and promote energy conservation and emission reduction and the development of recycling economy.

The following decisions were made in this Meeting: provide fiscal subsidy to encourage replacement of old cars and household electrical appliances by the new ones. (¢ñ) expand the scope and extent of subsidy based on the current policy for subsidizing car retirement, subsidize moderately early retirement and replacement of mid-sized, light and mini vans and part of mid-sized passenger train cars which have met serviceable life requirements or gasoline cars which fail to reach National Standard ¢ñ in terms of pollutant discharge and diesel engined cars which fail to reach National Standard ¢ó to the extent of purchase tax amount for single vehicle of same type in principle; (¢ò) launch pilot projects for old-for-new serves for television set, electric refrigerator, washing machine, air conditioner and computer in Beijing, Shanghai, Tianjin, Jiangsu, Zhejiang, Shandong, Guangdong Province and Fuzhou, Changsha City; subsidize sales of old household electrical appliances and purchase of new ones within the subsidy scope to the extent of 10% of selling price of new household electrical appliances in principle with maximum subsidy determined by the variety and provide quotas-based subsidies for recovering old household electrical appliances within the subsidy scope and delivering them to the enterprises for disposal; (¢ó) increase the amount of subsidy fund from the Central Government from 0.1 billion yuan to 0.5 billion yuan for retirement and replacement of obsolete and old cars and meanwhile allocate 0.2 billion yuan to subsidize old-for-new services for household electrical appliances this year. This Meeting required the leaders of relevant provincial, municipal departments to formulate detailed measures for implementation of the policies, conscientiously organize efforts to launch implementation, strengthen supervision and management, enhance the capability of recovery, ensure safe and effective utilization of financial fund to provide convenience to vast majority of consumers while giving full play to the role of supervision of general public and media.

Overseas Diplomatic Personnel Laws of the People Republic of China (Draft) is discussed and adopted in principle in the Meeting, which will be submitted to Standing Committee of the National People's Congress for deliberation after further revision

Other matters were also studied in this Meeting.