Author: Jason Zhao
Jason Zhao
Jason Zhao has been covering China’s electric vehicle industry and regulatory landscape for EVMagz.com since becoming a reporter in 2019, focusing on EV industrial policy, government incentives, manufacturing strategy, and the competitive dynamics among Chinese automakers. With a background in public policy analysis and digital journalism, he brings a clear, data-driven perspective to how regulation and industry development intersect in the world’s largest EV market. Outside of work, Jason enjoys evening badminton, urban night photography, and tracking policy developments through economic research journals.
China Plans Revised Incentive Framework for 2026, Signalling Slower Support for NEV Purchases
By Jason Zhao
China’s Central Economic Work Conference, held in Beijing on 10–11 December, has outlined the country’s policy framework for 2026, with officials indicating that optimizing the implementation of the “two renewals” will be a priority next year, according to Chinese media reports. The policy pair—large-scale equipment upgrades and the consumer goods old-for-new program—has played a central role in stimulating domestic demand over the past two years. The old-for-new program, funded through ultra-long special-purpose government bonds, allocated RMB 150 billion (US$21 billion) in 2024 and RMB 300 billion (US$42 billion) in 2025. The scheme covers automobiles, home appliances and other major consumer…
China’s commerce ministry said on Thursday that discussions with the European Union over a possible minimum price mechanism for China-made electric vehicles have resumed and will continue into next week, signalling renewed diplomatic efforts to ease trade tensions following the EU’s decision to impose steep anti-subsidy duties earlier this year. The European Union authorised tariffs of up to 45.3% in October 2024 after a European Commission investigation concluded that state support for Chinese EV manufacturers could lead to an oversupply in the European market. Beijing has maintained that its automotive sector is competitive due to technology and scale, not subsidies,…