Some Chinese cities suspend a short-term investigation funding as the money ended
Shanghai (Reuters) were at least six cities throughout China and suspended commercial consignment subsidy in June, according to the review of the new Carier in the largest global economic economy.
Notifications from Government in Zhengzhou and Luyang suspects the first round of the budgeted money laundered by the outdated system, and Shyyang and Chongonganga said the suspension was due to repair preparation.
The northwestern Mxinjiang region has issued the same suspension.
The Chinese government is based on the largest ticket supply, including cars, household materials and economic empowerment between time-consuming and unemployment.
Programs have been accepted with some zeal. Since May 31, there were more than 4 million resources imported this year to find car subsidies, according to the country service.
Chinese sales data for May issued to the beginning of this week is strictly surprised at the contributed financial criteria as expected.
While there was no official announcement mentioned in the internal cost, financial development and Chinese service and the Finance Department continued to have access to the third party for the access to July.
The funding system also meets conflict, however, especially in the Auto field. The Chinese auto industry, the largest world, attracts criticism from the control over the growing price struggle for the sector.
The official resources in Henan Province of China, where Zhengzhou is the capital city, which reported that unobstructed sources recognized some plans.
One of the biggest problems identified by Chinese news and Recellors are called “Zero-Mileage used vehicles”, which means to sell new vehicles as new reduced vehicles to eliminate inventing.
The report in Henan’s newspaper managed by Henan Daily Daily added that the “Zero-Mileileanage Sale of vehicles” is one of the important things that lead to the lessons used before being expected, require the suspension.
