Old-for-new subsidy for home appliances has increased to 12 categories, with a maximum of 20% subsidy, and more new measures
Today (January 8), the State Council Information Office held a regular policy briefing, and relevant officials from the National Development and Reform Commission, the Ministry of Finance, the Ministry of Commerce, the People's Bank of China, and the State Administration for Market Regulation introduced the relevant situation of increasing efforts to expand the implementation of the "two new" policies.
Relevant person in charge of the National Development and Reform Commission introduced that the expansion of the scope of supporting consumer goods for old and new.
Fuel vehicles that meet the conditions in the National IV emission standards (i.e., fuel vehicles that are in the first year of the implementation of the National IV emission standards, including gasoline vehicles registered before June 30, 2012, diesel and other fuel vehicles registered before June 30, 2014) will be included in the scope of scrapping and renewal subsidy, and the maximum subsidy limit for automobile replacement and renewal in the country will be unified.
Home appliances that enjoy the old-for-new subsidy have increased from 8 categories last year to 12 categories in 2025, and a subsidy of up to 20% of the sales price per piece can be enjoyed.
In view of the actual needs of residents' families, each consumer will increase the maximum subsidy of 1 piece to 3 pieces for purchasing air conditioning products.
Especially, in line with the expectations of the people, new subsidies for purchasing digital products such as mobile phones.
Continue to strongly support home improvement consumer goods exchange and electric bicycles trade-in.
(CCTV reporter Ding Yani Liu Baixuan)
