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Business leaders make suggestions for this year's two sessions

chinadaily.com.cn | Updated: 2020-05-25 06:40
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Li Shufu, chairman of automaker Geely Holding Group. [Photo/zgh.com]

Li Shufu, deputy to the National People's Congress and chairman of automaker Geely Holding Group, made three proposals related to the vehicle purchase tax, vehicle consumption tax and urban motorcycle driving.

Li proposed changing the vehicle purchase tax from a central tax to a central-local shared tax, moving the vehicle consumption tax collection to the sales stage and sharing it among the central and local government.

He also proposed easing the ban on motorcycles to scientifically plan urban motorcycle driving in order to drive the transformation and upgrading of the motorcycle industry.

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