Research on the Effects of Fiscal and Tax Incentives Policies for Promoting the Development of New Energy Auto Industry

Abstract

The new energy automobile industry plays a great role in promoting the transformation and development of Chinese automobile industry for enhancing its international competitiveness. However, the new energy automobile industry of China has been developing with many obstacles. The policy for promoting the development of new energy automobile industry could not reach the expected effect. This paper focuses on the analysis of the development status of new energy automobile industry in China based on the current preferential income tax policies. The problems of the new energy auto have also been shown in this paper for pointing the obvious obstacles of the industry development. Lastly, the tax policy suggestions are listed which could be helpful for the development of new energy automobile industry in China.