Xuzhou to Distribute RMB 11 Million in Auto Consumption Subsidies by 2025
2025-04-22 / Read about 0 minute
Author:小编   

Starting from April 20, 2025, Xuzhou has initiated an auto consumption subsidy program totaling RMB 11 million. These subsidies are tiered according to the pre-tax price of the vehicle, offering RMB 3,000 for vehicles priced between RMB 100,000 and RMB 200,000, and RMB 4,000 for vehicles priced above RMB 200,000. The program operates on a first-come, first-served basis and will terminate once the subsidy quota is fully utilized. Eligible for these subsidies are individual consumers who purchase vehicles within designated areas and successfully complete the registration process. Applicants must submit the necessary documentation and pass a review, with subsidies anticipated to be disbursed within one month of review completion. Furthermore, Xuzhou has introduced auto consumer finance policies aimed at enhancing the car purchasing environment. The program underscores a strict prohibition against fraudulent subsidy claims, and participating enterprises are required to collaborate in policy promotion and verification efforts.

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