China announced new subsidies and other inducements Sunday to get government officials and agencies to buy energy-efficient vehicles in a renewed boost for a sector Beijing has had high hopes for. Under the new rules, which will be phased in over the next two years, electric cars, hybrids that run on gasoline and electricity and other new energy vehicles will account for no less than 30% of all new cars bought for official use each year, according to a notice from the country’s main economic planning agency, the Finance Ministry and three other government agencies. The notice said subsidies will be offered to government and public agencies for purchases of vehicles that cost less than 180,000 yuan ($29,186), subsidies included. Local governments will be asked to build charging stations and other needed infrastructure, said the notice, which was posted on the government’s website. The Chinese government has been trying […]