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China To Lift Purchase Restrictions On Electric Vehicles

CHINA PRESS
MNI (Singapore)

China will gradually lift restrictions on the purchase of new energy vehicles in various regions, aiming to reduce the carbon dioxide emission intensity in the transportation sector by 5% by end-2025 compared with 2020, according to a carbon reduction plan issued by the State Council Wednesday. The plan aims to reduce energy consumption and carbon dioxide emissions per unit of GDP by about 2.5% and 3.9% in 2024. (Source: Yicai.com)

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