China's Wuhan offers consumer incentives to support local auto, appliance industries
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BEIJING (Reuters) - China's Wuhan has rolled out consumer subsidies to support local auto and home appliance companies as the city in which the coronavirus first emerged tries to revive its economy after months of heavy lockdowns.Wuhan authorities will offer 10,000 yuan ($1,415) subsidies to residents who buy locally made electric vehicles, according to a text message sent by city government to citizens on Saturday. A gasoline-fuelled car would attract a subsidy of up to 5,000 yuan.Customers who..