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A NEO electric concept car is displayed during the 16th Shanghai International Automobile Industry Exhibition, also known as Auto Shanghai 2015, in Shanghai, China, April 20, 2015. |
To promote new-energy vehicles in China, the State Council announced in July a purchase tax exemption from Sept 1 to the end of 2017. Tax-exempt vehicles include all-electric cars, plug-in hybrids and fuel cell vehicles.
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