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China Introduces Stimulus Packages to Offset Zero-COVID Disruption

Report Summary:

To boost consumption after the disruptions caused by the pandemic, the Chinese government recently announced a series of stimulus policies for the automotive industry. The stimulus package, encompassing broad guidance from central government, and supported by several local governments’ incentive programs, is expected to boost not only NEV sales but also the sales of traditional ICE vehicles.
Table of Contents

1. Executive Summary
2. Introduction
3. National Stimulus
   3.1 Overview
   3.2 Tax Reduction of Vehicle Purchase
   3.3 NEV Promotion in Rural Areas
4. Purchase Incentives from Municipal Governments
5. 2022 Market Outlook
6. Analyst Contacts
   6.1 Other Contacts

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