China to Encourage Low-Emission Gasoline Cars Amid Green Push

(Bloomberg) — China will encourage the purchase of light, small and low-emission gasoline passenger vehicles while also promoting new-energy-powered automobiles amid the country’s push to reach carbon neutrality, a top central government planning commission said Friday.

Beijing will “reasonably guide” consumers to buy those type of gasoline vehicles while “vigorously promoting” new-energy vehicles (NEVs) and gradually eliminating restrictions on NEV purchases, according to guidelines on boosting green consumption issued by the National Development and Reform Commission and other agencies.