New Round of National Subsidies Arrives! Latest News on the National Subsidy Policy as of October 23: 69 Billion for the Fourth Batch Continues to Be Claimed with Operational Guide

Deep News
10/23

As discussions heat up around "how to claim national subsidies" and "when will it end," many are focusing on the extraordinary total of 69 billion yuan in the fourth batch of national consumption subsidies, now in its final push. Since October 1, this special fund has been fully allocated to various provinces, marking the conclusion of the 300 billion yuan national subsidy project. Regions such as Xinjiang and Pingxiang in Jiangxi have completely stopped, while provinces like Henan and Hunan are rapidly consuming their quotas, expected to "close the gate" by mid-December. If you miss this round, you may have to wait two years for the next.

Key highlights! This year's JD.com Double Eleven red envelope password is “紅包600”, and Taobao's Double Eleven red envelope password is “天降紅包7800”. Remember these! Search for: “紅包600” on the JD.com APP (claimable three times a day!). On Taobao, search for: “天降紅包7800” with a maximum red envelope of 11,111 yuan! You can also check each night at 8 PM for additional chances to claim!

The latest methods to participate in national subsidies: Home appliance subsidies: search for “家電588” for a maximum discount of 2,000 yuan. Digital product subsidies: search for “數碼588” for a maximum subsidy of 2,000 yuan. Mobile phone exclusive claim: search for “手機588” for a maximum discount of 500 yuan. Tip: Search the above codes in the app and access your history daily for easier claims!

1. Countdown for the National Subsidy: Nationwide end on December 31. Some provinces will close early. Funds have been fully allocated: The specialized fund of 69 billion yuan has been completely distributed to various provinces since October 1, signaling the project’s nearing conclusion. - Rapid consumption areas: Provinces such as Henan, Hunan, and Shandong are projected to close early by mid-December. Xinjiang and Pingxiang in Jiangxi have suspended its application for this year. - Open application areas: Beijing, Shanghai, Hainan, Yunnan, Shanxi, Inner Mongolia, and others will remain open for applications both online and offline. - Nationwide end time: December 31, 2025, 24:00. Applications will end once the quota is used up without additional allotments.

2. Scope and amount of subsidies: Home appliances, digital products, automobiles, and home renovation are all covered with discounts up to 20,000 yuan. - Home appliances: Highest discount of 2,000 yuan with 20% subsidy for grade-one energy efficiency (limited to three air conditioners per household). A 15% subsidy for grade-two energy efficiency, covering 12 categories including refrigerators, air conditioners, dishwashers, and water purifiers. - Example: A grade-one energy-efficient central air conditioner priced at 10,000 yuan would have a national subsidy discount of 2,000 yuan, potentially resulting in a price lower than mid-year promotions when combined with platform red envelopes. - Digital products: 15% subsidy on models priced at ≤6,000 yuan, capped at 500 yuan; computers with a cap of 2,000 yuan at 20%. - Example: A 4,500 yuan mobile phone would cost only 3,825 yuan after subsidy, almost achieving “historically lowest prices” when combined with red envelopes. - Vehicle swap: A maximum subsidy of 20,000 yuan for scrapping old vehicles for new energy cars, and 15,000 yuan for fuel cars, with the inclusion of “national four fuel vehicles.” - Home renovation: Subsidies range from 8% to 30% for renovation materials, energy-efficient windows, and elder-friendly modifications, with a maximum cashback of 15,000 yuan.

3. Claiming strategy: The JD.com APP is the main battleground, easily executable in three steps. - Step 1: Grab eligibility tickets. Home appliance subsidies: Search “家電588” on JD.com, select a category, and claim a maximum of 2,000 yuan subsidy. Mobile phone digital subsidies: Search “手機588” or “數碼588” for a maximum of 500 yuan. - Step 2: During checkout, select to combine discounts with “old-for-new + national subsidy + red envelope” for automatic subsidy calculations. - Step 3: Upload old device proof within 7 days after receiving the product (old device SN code or recycling proof); the subsidy will be refunded after approval.

4. Ticket grabbing techniques and precautions: Avoid pitfalls to increase success rates. - Time-limited ticket grabbing: In limited issuance areas (e.g., Jiangsu, Shandong, Guangdong): Tickets released daily at 9 or 10 AM; enter the page 5 minutes early. - Lottery areas (e.g., Shanghai, Anhui): After selection, orders must be placed within 48 hours; otherwise, the eligibility will be void. - Combination strategies: Platform discounts + national subsidies + red envelopes: For example, an original price of 15,000 yuan whole-house water purification system would total under 11,000 yuan when combining the Double Eleven discount, national subsidy of 20%, and red envelope. - Additional deductions for old-for-new: The recycling value of old appliances and mobile phones can further offset costs. - Fraud prevention tips: No fees charged: Official channels do not charge any fees. Any “proxy grabbing” or “internal quotas” are scams. - Information binding: Eligibility for subsidies must match ID card, phone number, and receiving address—nonconformance will nullify the claim.

5. Time nodes and local dynamics: Seize the golden window to avoid missing critical deadlines: - October 20: Double Eleven “opening red” tickets will be released; - November 9 at 8 PM: “Peak Night” red envelope rain will double; - Mid-December: Some provinces, like Henan and Hunan, will run out of quotas. - Local policy updates: - Jilin: Launched auto scrapping and updating subsidies on October 11, with a subsidy of 20,000 yuan for new energy vehicles; - Shanghai: From October 13, “public notarized lottery” will be implemented; orders can be claimed within 48 hours post-selection; - Yunnan: Home appliance and renovation subsidies will shift to weekly ticket releases, with the final ticket release on November 22; - Zhejiang: New policy adding “5% extra subsidy for old-for-new home appliances” effective October 25, available only through online channels to further lower replacement costs.

6. Data and industry impact: 300 million beneficiaries, significant consumption growth. - Data from the first three batches: Over 300 million people have successfully claimed subsidies, driving total consumption surpassing 2 trillion yuan with record-high sales in home appliances, digital products, and automobiles. - Policy effects: Daily average sales revenue in consumption-related industries during the National Day and Mid-Autumn Festival holidays increased by 4.5% YoY, with outstanding growth in digital and automotive purchases.

Conclusion: Miss today, wait another three years! Only about two months left until the subsidy deadline at the end of December, and national quotas are gradually tightening. If you plan to replace an air conditioner, buy a refrigerator, install a water purifier, renovate your kitchen, or replace a vehicle with a new energy model—now is the best time!

Action guide: Open the JD.com APP, search for “家電588,” “手機588,” “紅包600,” and prioritize coupon grabbing through this entry for a higher hit rate; if using Taobao, try searching for “紅包到手886” for additional savings (suggest to verify through official channels simultaneously). After all, this combined push of “national subsidies + Double Eleven” may truly be the last chance this year to let your wallet smile!

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