8 million yuan – Shenzhen was able to go all-electric thanks to generous subsidies from both central and local government.
Some local governments are also handing out subsidies to new homeowners for renovation projects.
Some local governments are also handing out subsidies to new homeowners for renovation projects.
: The chief of transport authority on Monday criticized subsidies car-hailing applications are offering to their users, pledging to better regulate for-profit rides by private cars.
Obviously, he is worried that China will adopt the so-called "state capitalism" policy and enhance the competitiveness of Chinese enterprises in the high-tech industry through state subsidies.
In Shihezi, a city in the Xinjiang Uygur autonomous region, mothers who have a second child will be offered subsidies worth up to 1,000 yuan.
There are 388 recipients of special subsidies from the central government, 15 experts with outstanding contributions at the national level and 3 special professors of" Cheungkong Scholars Program".
The subsidies come from the $8.
Backed by aggressive government policies and subsidies for electric vehicles, Chinese manufacturers also control between 50 and 77 per cent of the market for four of the key components — cathode materials, anode materials, electrolyte solutions and separators — used in lithium ion batteries, according to Yano research Institute.
" To counter the falling birth rate, some Chinese commentators are advocating tax breaks and subsidies to encourage couples to have more children.
Wind is approaching grid parity — the moment when it can compete without subsidies.
"We were encouraged to raise pigs and received subsidies, so we raised a lot, and then it was all demolished," Mr Nie says mournfully.
Brussels has opened a new front in its trade wranglings with China with an investigation of alleged illegal subsidies for electric bicycle imports.
The new plan might give more subsidies to electric cars that incur higher costs given their larger battery packs.
With the grocery market traditionally dominated by "mom and pop" stores and wet markets, online companies are handicapped by low ticket prices and high logistic costs, say analysts at Goldman Sachs, adding that the online-to-offline business model "still heavily relies on subsidies".
Locally produced electric vehicles already take advantage of a range of subsidies and incentives — the central government offered subsidies for new EVs of as much as Rmb55,000 ($8,000), while local government subsidies were of similar value, according to BYD.
While a few decades ago workers were housed in basic accommodation owned by the state, today some of China's biggest private companies are doling out interest-free loans and subsidies to enable workers to buy their own homes.
China has increased subsidies and credit support for public rental housing in recent years and by the end of 2016, a total of 11.
To address that, Wang said, the government is considering introducing supporting measures including "birth rewards and subsidies" to encourage people to have another child.
7% are under the management of health authorities, and receive public services such as medical care and living subsidies, said Wang Bin, deputy chief for disease control and prevention at the National Health and Family Planning Commission.