Recent discussions on social media questioning whether national subsidies have ended were clarified by the National Development and Reform Commission and the Ministry of Finance on October 31. The subsidies are still active, with the fourth and final batch of the national "trade-in" consumer subsidy program currently being distributed, totaling 69 billion CNY. The application window remains open until December 31 at 24:00, marking the last opportunity for this national-level subsidy.

Coinciding with the Double 11 shopping season, these subsidies can be combined with platform discounts, offering a triple benefit: deposit discounts, national subsidy deductions, and voucher redemptions. This presents the best window of the year to purchase home appliances, electronics, automobiles, and home furnishings. Below are the key policy details and application guidelines.

**Key Policy Highlights** 1. **Funding & Timeline** - The 2025 national subsidy program allocates 300 billion CNY in ultra-long-term special treasury bonds, distributed in four batches: - Batch 1 (Jan-Mar): 81 billion CNY (fully utilized) - Batch 2 (Apr-Jun): 75 billion CNY (fully utilized) - Batch 3 (Jul-Sep): 75 billion CNY (fully utilized) - Batch 4 (Oct-Dec): 69 billion CNY (currently available, first-come-first-served)

2. **Coverage & Discounts** - **Home Appliances**: - 20% subsidy for Tier-1 energy-efficient products (max 2,000 CNY per item) - 15% subsidy for Tier-2 energy-efficient products (max 1,500 CNY per item) - Newly added categories: microwaves, water purifiers, dishwashers, and rice cookers. - **Electronics**: - 15% subsidy on smartphones, tablets, and laptops (max 500 CNY for items under 6,000 CNY) - 20% subsidy on computers (max 2,000 CNY) - **Automobiles**: - Up to 20,000 CNY subsidy for new energy vehicle trade-ins - Up to 15,000 CNY subsidy for fuel vehicle trade-ins (now includes pre-National IV emission standard vehicles) - **Home Furnishings**: - 15% subsidy on smart locks, sanitary ware, and lighting (max 1,000 CNY) - Up to 50% subsidy on elderly-friendly home modifications (max 10,000 CNY per household)

3. **Additional Benefits & Rules** - Local subsidies in provinces like Guangdong and Zhejiang can be stacked, offering over 30% combined discounts. - Subsidy eligibility expires within 24 hours if unused; refunded orders forfeit subsidies.

**Application Methods** - **Online (via JD.com or Alibaba platforms)**: - Home appliances: Search "家電599" on JD.com for up to 2,000 CNY discounts. - Electronics: Search "數碼599" or "手機599" on JD.com for up to 500 CNY discounts. - Automobiles: Submit trade-in details via Alipay/WeChat mini-programs for instant subsidies. - **Offline (select cities)**: - Some regions (e.g., Shanghai, Anhui) use a lottery system via UnionPay’s app. - Others (e.g., Shandong, Jiangsu) release limited quotas daily at 10:00 AM.

**Important Notes** - ID and old product serial numbers are required for verification. - Subsidies are void if the shipping address differs from the application location. - Personal invoices are mandatory; corporate invoices are invalid.

**Key Deadlines** - **Nov 1-11**: Triple discounts (presale + subsidy + vouchers) for lowest prices. - **Dec 20-31**: Year-end clearance with limited remaining subsidies.

**2026 Policy Outlook** Starting 2026, subsidies will transition to local governments, with potential reductions in central funding. For example, new energy vehicle tax exemptions may halve (to 5%) with a 15,000 CNY cap. Consumers are advised to utilize the current 69 billion CNY subsidy before December 31.

Time is running out—search the relevant keywords on JD.com or Taobao to maximize savings with trade-in subsidies, energy efficiency discounts, and platform vouchers. Missing this round means waiting at least another year!