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Great Wall CEO proposes preferential policies for fuel-efficient cars

  • Source: Global Times
  • [16:48 December 08 2010]
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By Shi Jierui

Great Wall Motor CEO, Wang Fengying, also a Chinese People's Political Consultative Conference (CPPCC) member, suggested in her proposal that the government should implement a preferential policy on the purchase tax of small- displacement cars in three to five years.

Wang believes the auto industry will concentrate more on producing high-quality low-emission vehicles. She hopes the government will pay more attention to the technological progress of low-emission sedans, and release policies to support the R&D of small-displacement cars, city taxis, and government procurement of domestic vehicles.

The only female CEO in Chinese auto industry suggests the government should adjust the price of the purchase tax, tax on the use of vehicles and ships, and to add a green tax to gas prices.