China Extends NEV Purchase Tax Exemption Amid Concerns Over Weak Consumer Spending China Extends NEV Purchase Tax Exemption Amid Concerns Over Weak Consumer Spending July 5th, 2023 Sign In for Full Access Members of the US-China Business Council enjoy full access to research on the Chinese trade and investment environment, as well as newsletters and analyses on political decisions that affect US business operations. Join the US-China Business Council If you are a US company doing business in or with China, you may be eligible for USCBC membership.