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rchase new▓ model will receive a subsidy in the amount of 10 percent of its price. There will be a maximum subsidy limit set for

nes, air

c▓onditioners and co

each type of household appliance. In addition, the govern▓ment will provide fixed subsidies to compensate a

ny costs incurred as a ▓result of transporting old household appliances within the scope for dismantlement and disposal.China's automobile market has emerged from the shadow of the global financial cri

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mputers- in nine p

sis and the industry downturn, as the government's stimulus measures have borne fruit, said industry analyst

  • rovinces and cities, inc
  • luding Beijing, Tianjin, S
  • hanghai, Jiangsu Provi
  • nce, Zhejiang Province

, Shandong Province,

s."China's automobile industry has kept itself ahead of the others as reflecte

d by the robust April sales numbers," said Hui ▓Yumei, analyst with automobile market research company Sinotrust.General Motors, the ▓first firm in China to release its domestic April sales numbers, s▓aid yesterday that vehicle sales rose 50 percent on an a▓nnualized basis in April to 151,084 units, a new monthly h

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Guangdong Pro

igh.Its Germ

vince, Fuzhou and Changsha.Acc

an ▓rival Volkswagen may also have recorded impressive sales in April. The company's China president and CEO Winfried Vahland h

ad predicted

ording to the Plan, consumers

during the Shanghai a▓utomobile show last month that "our sales in April are likely to surpass March figures"."It is a clear signal that the d

who trade-in old

Image 01

omestic automobile market▓ is back on track and will keep growing this year," ▓said Zhong Shi, an independent auto analyst."We can also see the industry revival f

rom t▓he enthusiasm of visitors and exhibitors at the Shanghai automobile show in April," Zhong said.Related stories:HANOI, Dec. 8 (Xinhua) -- Vietnam's car sales plunged 49 percent in November of 2008 as a result of the global economic downturn that▓ has rattled local consumer spending, the local newspaper Young People reported▓ on Mond

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