New regulation opens more channels to buy cars

Updated 2017-06-29 13:53:28 Xinhua

A regulation on trading motor vehicles will take effect on July 1, allowing customers to buy cars through more providers.

Dealers can sell and provide after-sales services for cars of various brands, according to the new regulation that was released by the Ministry of Commerce in April.

Auto experts say 4S dealers will not be the only place for customers to buy cars, as car markets and car e-commerce will be booming in the future.

A regulation on new energy vehicles will also come into force in July, which requires new energy vehicle manufacturers to supervise the safety of all products, provide supporting documents for each product, and record the vehicles' use and maintenance and battery recycling.

Meanwhile, several other regulations and a law will take effect.

A law on traditional Chinese medicine requires legislators to stipulate regulations and standards for the planting, collection, storage and preliminary processing of herbs.

Disabled people were included in the basic medical insurance system.

Four VAT brackets will be streamlined into three, with tax rates of 17 percent, 11 percent and 6 percent targeting different products.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58July 21 2018 23:25:39

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16July 21 2018 23:25:39

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18July 21 2018 23:25:39

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

China World Business Sports Showbiz Audio
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
China World Fun Travel Entertainment Sports
Beijing Shanghai Guangzhou
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords