Hello and welcome to this edition of  Biz China on China Radio International. I'm your host, Chris Gelken.

In this edition, Chinese authorities are considering handouts for private buyers of green vehicles to boost the green vehicle market. An expert says new energy cars might hold opportunities for China's car industry. We'll also learn how some Chinese auto makers are striving to become world industry leaders of new energy vehicles. Please stay with us.

• Chinese consumers are very likely to soon receive government subsidies when buying cars powered by new energy. Officials say the government is considering extending subsidies to individuals who buy plug-in hybrid, battery-powered or electric cars as part of its low carbon development strategy.  Damin reports.

• The New Energy car industry has only been in development for several decades. Some of the challenges that this industry still face are global. Experts believe the Chinese auto industry might have some advantages in this emerging industry. Li Ningjing spoke with  Brian Link, Managing Director of Ernst & Young's Shanghai Global Automotive Center

• Last week, China's BYD Auto made quite a splash in unveiling its four-door electric car at the Detroit auto show. BYD hopes to penetrate the highly competitive North American market with its A Class electric cars and even set up its production lines in Europe or America. Meanwhile, BYD is not the only Chinese auto maker who is thinking big. Many more Chinese auto makers see electric vehicles as an opportunity for them to compete again with Western peers on an equal footing.  Li Ningjing has the story.

• Before we go, a quick look at  major business stories from around China.