the first quarter of this year, Yiwu has a total storage of the vehicle purchase tax 151 million yuan, an increase of 11.32%. According to reports, a quarter of the city levied a total of 11,669 units of vehicles, an increase of 12.37%, vehicle purchase tax levied vehicles and storage of the tax year on year there have been a substantial increase in, a new record. Among them, the 9808 Taiwan-made cars, an increase of 21.3%, storage tax of more than 9800 million, an increase of 17.5 percent over the same period last year.
IRS-related analysis, a quarter of the vehicle purchase tax is a substantial increase was primarily due to three factors: First, since the beginning of this year, Yiwu City, the national economy maintained good momentum of development, people’s car consumption demand is relatively strong; As part of the dealer increase the inventory, the urgent need to return the funds, launched major efforts to promotional activities, the highest part of the imported cars fell more than 20 million, to stimulate car consumption; three countries raised prices twice this year, consumers buy 1.6 liters and The following small displacement passenger car sustained significant increase in the number, resulting in the substantial growth of the domestic small-displacement car sales.