Is there a subsidy for scrapping a car?
1 Answers
There is a subsidy for scrapping a car. Below is relevant information about the "Regulations on Compulsory Scrapping Standards for Motor Vehicles": Introduction: The "Regulations on Compulsory Scrapping Standards for Motor Vehicles" were reviewed and approved at the 68th Ministry Meeting of the Ministry of Commerce on August 24, 2012, and agreed upon by the National Development and Reform Commission, the Ministry of Public Security, and the Ministry of Environmental Protection. On December 27, 2012, the Ministry of Commerce, the National Development and Reform Commission, the Ministry of Public Security, and the Ministry of Environmental Protection jointly issued Order No. 12 of 2012 to announce the regulations. Relevant content: The Ministry of Commerce website published these regulations. The "Regulations" consist of 11 articles, clearly stating that based on the usage, safety technology, and emission inspection status of motor vehicles, the state implements compulsory scrapping for vehicles that meet the scrapping standards. The new regulations came into effect on May 1, 2013.