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On the afternoon of September 27, the principal forum of the 2025 World New Energy Vehicle Congress convened in Haikou. Xiong Jijun, Vice Minister of the Ministry of Industry and Information Technology, announced plans to stimulate market consumption. This will involve launching a new work plan aimed at stabilizing growth within the automotive sector. Measures include refining incentives, such as purchase tax exemptions and vehicle and vessel tax waivers for new energy vehicles. Additionally, the management framework will be enhanced through the establishment of an access management system for assisted and autonomous driving vehicles. A range of strategies will also be employed to oversee industry competition, ensuring a fair and orderly market landscape.
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