Large-scale subsidy fraud scandal erupts in China's new energy vehicle industry
In 2016, a Ministry of Finance investigation found that 72 of 93 automakers were suspected of defrauding subsidies, with the case rate reaching as high as 80%.
In 2016, a Ministry of Finance investigation found that 72 of 93 automakers were suspected of defrauding subsidies, with the case rate reaching as high as 80%.