On October 10, the Beijing Municipal Government unveiled a strategic plan, outlining its commitment to amplifying the promotion of new energy vehicles (NEVs). The plan also encompasses enhancing the used car circulation framework to streamline transactions and propel the market towards standardized, large-scale development. Furthermore, the government aims to refine services like maintenance and insurance, systematically nurture aftermarket consumption sectors such as vehicle customization and leasing, expedite pilot reforms in automobile circulation and consumption, and thereby cultivate novel avenues for growth.
