China plans to gradually reduce government subsidies for new energy vehicles from 2017 and will end them after 2020, Finance Minister Lou Jiwei said at a forum on electric vehicles. The subsidies were first given to nurture the initial market, but enterprises tend to rely too much on them and focus on policy when designing vehicles, making few technological breakthroughs, said Lou. China plans to cut such subsidies by 20% between 2017 and 2018 from 2016 levels, and by 40% between 2019 and 2020.

翻译：在近日举办的某电动汽车论坛上，财政部部长楼继伟表示，2017年起，新能源汽车补贴标准将逐步下调，2020年以后补贴政策将退出。楼继伟说，消费补贴政策初衷是培育初期市场，但长期执行消费补贴企业容易患上政策依赖症，紧盯政策去设定产品，而鲜有技术突破。2017年至2018年新能源汽车补贴标准将在2016年基础上下调20%，2019年至2020年下降40%。(京华时报)