On November 6, 2025, China's Ministry of Finance officially launched the fourth and final batch of its "trade-in" national subsidy program, totaling 69 billion yuan. This marks the last opportunity for consumers to benefit from the subsidy scheme, which will expire entirely after December 31, 2025, with no extensions or carryovers into 2026. From next year, subsidies will only remain for rural-specific programs, excluding general categories like home appliances, electronics, and automobiles.

**Key Details:** 1. **Application Method:** - Search specific keywords on JD.com or Taobao to access subsidy pages: - Electronics: "computer discount 999" (JD) - Home Appliances: "appliance save 2000" (JD) - Digital Products: "digital discount 999" (JD) - Smartphones: "phone discount 777" (JD) - On Taobao, search "subsidy come come come" to enter the national subsidy zone. - Pro Tip: Save search terms in your app history for quick daily access.

2. **Countdown & Allocation:** - The 69 billion yuan final batch is available on a first-come, first-served basis. - Previous batches (totaling 231 billion yuan) were fully utilized, with an 80% redemption rate by October. Popular categories like air conditioners and smartphones are nearing depletion.

3. **Subsidy Tiers:** - **Home Appliances:** 15–20% off (up to 2,000 yuan per item). - **Electronics:** 10% off (capped at 500 yuan per category). - **Automobiles:** 10–20% off (max 20,000 yuan per vehicle). - Subsidies can stack with platform-specific "Double 11" discounts (e.g., JD’s 11,111 yuan max, Taobao’s 25,888 yuan).

4. **Quick Application Steps:** - Verify identity via JD/Taobao → Enter keyword → Auto-check eligibility (0.3 seconds) → Instant discount at checkout. - Optional trade-in: Old items collected during delivery for additional savings.

5. **Common Pitfalls & Solutions:** - **Mismatched Address:** Ensure delivery location matches ID registration. - **Wrong Category:** Use keywords to filter "subsidy-tagged" items. - **Regional Deadlines:** High-consumption provinces may close early (e.g., Dec 15). - **Expired Coupons:** Replenish daily at 8 PM for maximum savings.

6. **Final Reminder:** The subsidy window closes sharply at midnight on December 31. Delays risk missing out entirely, as no extensions or exceptions apply.

**Note:** This is an informational summary. For real-time updates, check official platforms.