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Tough love can nurture development of green cars

( China Daily ) Updated: 2016-01-26 08:09:10

The warning that China's finance minister recently made against subsidy-related fraud may sound harsh to domestic new-energy vehicle producers who have relied heavily on such government funds to kick-start a domestic boom of green cars.

But it does not mean the Chinese government is any less committed to making the country a champion of green cars.

Instead, such a precaution against the possible misuse of subsidies for new energy cars has highlighted the very high hopes Chinese policymakers are pinning on such cars for a low-carbon future.

Tough love can nurture development of green cars

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