Govt vehicle reform boosts car auctions

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China's government vehicle reform has driven up car auctions, with the auction value reaching 3.57 billion yuan ($580 million) in the first half of 2014, up 44.3 percent year-on-year, latest data showed Monday.Shen Danyang, a spokesman for the Ministry of Commerce, said on Monday that government-entrusted car auctions rose most noticeably, totaling 1.13 billion yuan during the first half, up 79.4 percent from a year earlier.The increase has primarily come from government vehicle reforms in different regions, he noted. The central government released a guideline in July to reform the supply and use of government vehicles in an effort to cut hefty spending amid mounting public complaints over misuse of public money.Under the guideline, China will scrap vehicles for use in regular government affairs and keep only those for special services, such as intelligence communication and emergencies. The central government will instead allocate a "proper amount" in subsidies to public servants to allow them to choose their own means of transportation.Shen said cities including Wenzhou and Shanghai in East China have piloted such reforms since 2011 and auctions of government vehicles have climbed since then.Official data showed that between 2011 and June 2014, government vehicle auctions totaled 4.66 billion yuan, with Shanghai Municipality, Shandong, Guangdong and Zhejiang provinces as well as Inner Mongolia Autonomous Region accounting for more than 43 percent of the auction value during the past three years. Tags: Rapid Prototyping, Rapid Prototyping China, Plastic Tooling, Plastic Tooling China, Rapid Prototype, Rapid Prototype China, Rapid Tooling, Rapid Tooling China, CNC Prototype, CNC Prototype China, Functional Prototype, Functional Prototype China, Metal Prototype, Metal Prototype China, Plastic Prototype, Plastic Prototype China, Rapid Manufacturing, Rapid Manufacturing China, Low volume production, Stereolithography, Stereolithography China, Vacuum Casting, Vacuum Casting China, whatsapp marketing, wechat marketing, seo, e marketing, �W��OӋ�ṩseo, e marketing, web design by zoapcon