2015年CRI China to Enhance Support for Eco-vehicles

 

A lack of charging piles and stations in urban areas is hindering the promotion¹ of the use of electric vehicles.

To solve the problem, the Chinese government is now requesting in a State Council statement earlier this week that all parking lots in new residential² areas should install charging facilities or leave space for future construction. No less than 10 percent of parking lots in large public buildings or public car lots are also required to have charging facilities.

Wang Yuanhong with the State Information Center says the new measure will both promote the growth of the new energy vehicle sector³ and benefit local residents:

"While the automotive industry has hit a bottleneck⁵ since the end of 2014, the production and sale of new energy vehicles, especial electric vehicles shows a good performance. This indicates the future trends in auto⁴ industry. So building more charging facilities for electric vehicles will attract more investment and promote auto sales. It also will improve public facility construction and thus benefit locals."

The new energy vehicle sector in China is soaring, with sales surging 270 percent to 108,654 units in the first eight months of this year, says the China Association of Automobile⁶ Manufacturers.

Cui Yan, an auto analyst⁷ from Minsheng Securities believes increasing the investment in charging facilities could lead to more benefits:

"Places like Beijing and Shanghai have used a series of favorable policies to promote buying of new energy vehicles, such as giving subsidies⁸, tax cuts and free license⁹ plates. So building charging facilities is way to promote the use of new energy vehicles. I think government support is a necessary for the growth of new energy sector. It has proved to be true in foreign countries. New energy vehicles will be a substitute in auto industry and become a pillar for national economy."

Yang Weixiao, an analyst from Fangzheng Securities echoes with Cui Yan that investing in charging facilities will benefit market in the long term.

"I think the investments on charging facilities are comparatively small, so it may not directly affect national economy. But it has long-term effects, which I think it will promote the development of a new market."

The Chinese government is also encouraging private investment in the projects, with the allowance of favorable financing options for construction projects.

According to the National Energy Administration of China, charging piles equipped in China will reach 4.5 million units by 2020.

For CRI, I'm Guo Yan.

1 promotion   

n.提升，晋级；促销，宣传

参考例句：

• The teacher conferred with the principal about Dick's promotion.教师与校长商谈了迪克的升级问题。
• The clerk was given a promotion and an increase in salary.那个职员升了级，加了薪。

2 residential   

adj.提供住宿的；居住的；住宅的

参考例句：

• The mayor inspected the residential section of the city.市长视察了该市的住宅区。
• The residential blocks were integrated with the rest of the college.住宿区与学院其他部分结合在了一起。

3 sector   

n.部门，部分；防御地段，防区；扇形

参考例句：

• The export sector will aid the economic recovery. 出口产业将促进经济复苏。
• The enemy have attacked the British sector.敌人已进攻英国防区。

4 auto   

n.(=automobile)(口语)汽车

参考例句：

• Don't park your auto here.别把你的汽车停在这儿。
• The auto industry has brought many people to Detroit.汽车工业把许多人吸引到了底特律。

5 bottleneck   

n.瓶颈口，交通易阻的狭口；妨生产流程的一环

参考例句：

• The transportation bottleneck has blocked the movement of the cargo.运输的困难阻塞了货物的流通。
• China's strained railroads already become a bottleneck for the economy.中国紧张的铁路运输已经成为经济增长的瓶颈。

6 automobile   

n.汽车，机动车

参考例句：

• He is repairing the brake lever of an automobile.他正在修理汽车的刹车杆。
• The automobile slowed down to go around the curves in the road.汽车在路上转弯时放慢了速度。

7 analyst   

n.分析家，化验员；心理分析学家

参考例句：

• What can you contribute to the position of a market analyst?你有什么技能可有助于市场分析员的职务？
• The analyst is required to interpolate values between standards.分析人员需要在这些标准中插入一些值。

8 subsidies   

n.补贴，津贴，补助金( subsidy的名词复数 )

参考例句：

• European agriculture ministers failed to break the deadlock over farm subsidies. 欧洲各国农业部长在农业补贴问题上未能打破僵局。
• Agricultural subsidies absorb about half the EU's income. 农业补贴占去了欧盟收入的大约一半。 来自《简明英汉词典》

9 license   

n.执照，许可证，特许；v.许可，特许

参考例句：

• The foreign guest has a license on the person.这个外国客人随身携带执照。
• The driver was arrested for having false license plates on his car.司机由于使用假车牌而被捕。