Welcome
on East Filters
Looking for auto parts? Please click below.
Our products
Racor Fuel filter/Water Separator
Oil water separator parts
Sakura Filters Equivalent
Fuel filter accessory
Top Searches
Oil filter
Fuel filter
Air filter
Oil water separator
Fuel water separator
Racor
Volvo
Caterpillar
Benz
Perkins
Scania
Komatsu
MAN
HINO
Iveco
TOYOTA
China cancels motorcycle bidding in rural subsidy
The State Council, or the Chinese Cabinet, has cancelled the bidding for motorcycles in a rural subsidy program, according to an announcement jointly released by the ministries of commerce and finance on Friday.
The decision will invalidate the preliminary bidding held on Feb 19, said Gao Yong, board chairman of China motor producer Chongqing Loncin Industrial (Group) Co Ltd.
"Now all the motor producers will likely benefit from the subsidies instead of the bidding winners," said Gao, quoted by Caijing Magazine.
The government has been introducing bidding programs for the rural subsidy scheme for many products such as computers. Under the subsidy program, farmers get subsidies when buying a range of products including TV sets, computers and motorcycles.
The government has been betting on the subsidy program to boost rural spending power to spur the slowing economy.
China's motor industry employs about 1.5 million people.
From: China Daily |