·2015 city bus oil supplement policy adjustment
With the approval of the State Council, the Ministry of Finance, the Ministry of Industry and Information Technology, and the Ministry of Transport jointly issued a notice to adjust the urban bus refined oil price subsidy policy from this year to establish a new energy bus application and limit the growth of fuel buses. The new mechanism promotes energy conservation and emission reduction in the bus industry and contributes to air pollution control.
China's urban bus refined oil price subsidy policy began in 2006. The current subsidies include the subsidies arising from the implementation of the refined oil price and tax reform in the State Council in 2008 (referred to as the fee-for-tax subsidy) and the subsidies arising from the increase in the price of refined oil (referred to as the price increase subsidy).
According to the new policy, from 2015 to 2019, the fee-for-tax subsidy for urban bus oil supplements will be retained based on the actual number of executions in 2013; the price increase subsidy will be gradually reduced based on the actual number of executions in 2013, and the amount of subsidies will be new. The number of energy bus promotions is linked. For those who fail to meet the promotion requirements of the provinces (autonomous regions and municipalities), 20% of the amount of the price increase subsidy for the current year will be deducted.
At the same time, the central government will grant new energy bus operation subsidies to the areas where the new energy bus promotion target is completed. From 2015 to 2019, it will be included in the “Recommended Model Catalogue for New Energy Vehicle Promotion and Application Projects†of the Ministry of Industry and Information Technology, and new energy buses and non-plug-in hybrid buses with an annual operating mileage of not less than 30,000 kilometers. A maximum of 80,000 yuan of operating subsidies can be obtained each year.
The adjusted city bus oil supplement funds shall be allocated in the form of pre-allocation and annual liquidation at the beginning of the year, and shall be used by local governments. The problem of urban bus subsidies will be solved by local governments by increasing financial subsidies and adjusting freight rates to ensure the stability of the bus industry. The new energy bus operation subsidy fund will be allocated in the form of partial stock payment at the beginning of the year and incremental part-year liquidation.
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