Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Tax Cut to Save Chinese Car Owners $476 Million, Xinhua Reports

China’s new vehicle tax will ease the tax burden for owners of small- and medium-sized passenger cars by 3 billion yuan ($476 million) in its first year, according to a Xinhua story posted on the government’s website.

The new rates, in place since Jan. 1, cut taxes for passenger vehicles with engines of between 1.0 liter and 1.6 liters in size by about 17 percent, Xinhua said. Taxes on vehicles with engines smaller than 1.0 liter drop by at least 29 percent, it said.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.