National Subsidy Program Continues: Latest Update on October 18

Deep News
Oct 18

As of October 18, 2025, over 35% of the 69 billion yuan allocated for the fourth batch of the national "old-for-new" subsidies has been consumed. The air conditioning and mobile phone categories in six provinces, including Shanghai, Jiangsu, and Anhui, have entered the "lottery application" phase first. Meanwhile, Shandong and Hebei have confirmed an early closure at the end of October—indicating that while there is a "73-day countdown" on a national level, the actual window in many major consumer provinces is reduced to only 40 days. This wave of subsidies, as the final batch of a 300 billion yuan ultra-long-term special government bond, covers eight major sectors, including home appliances, digital products, automobiles, and home renovations, enabling a maximum discount of 20,000 yuan per item. Moreover, the Ministry of Finance has confirmed that there will be no reallocation of the same magnitude funds in 2026, meaning any missed opportunities will result in a two-year wait.

Here is a practical guide combining the latest allocation dynamics, helping you earn coupons and save money efficiently.

First, the highlights! This year, JD.com's Double Eleven latest red envelope code is “红包600”, while Taobao’s code is “天降红包7800”. Remember these! On JD App, search for: 红包600 (three times daily!), and on Taobao App, search: 天降红包7800 (starting from October 15). The maximum red envelope value is 25,888 yuan! You can also have an extra chance to receive once at 8 PM every night.

Latest national subsidy participation method: Search "国补588" on JD App for a maximum discount of 2,000 yuan. Tip: Search the above codes once, and then you can just access them from historical search records daily!

1. Core policy analysis The time window is tight. The national deadline is December 31, 2025, at 24:00, although provinces like Henan and Shandong may close applications early around mid-December, so it's advisable to complete applications by the end of November. The quota resets at midnight, 10 AM, and 8 PM daily, and popular categories often run out of coupons quickly.

Subsidy specifics: - Home appliances: 20% for grade A energy-efficient products (maximum 2,000 yuan per item); each household can claim up to three air conditioners. - Digital products: 15% subsidy for mobile phones and tablets (unit price ≤ 6,000 yuan, capped at 500 yuan). - Automobiles: 20,000 yuan for new energy vehicle replacements, 15,000 yuan for gasoline vehicles. - Home renovations: 20% subsidy for old home renovations (maximum 20,000 yuan), requiring property ownership certificate + contract + invoice.

Application rules have been optimized by adopting a "real-name coupon redemption system" where qualification coupons expire automatically after 48 hours of non-use; Shanghai, Anhui, and other areas employ a lottery system, requiring prior registration on Cloud Flash Payment.

2. Efficient coupon collection strategy Precise access on JD: search “国补588” (home appliances) or “数码588” (digital products), and save historical records after the first search; Cloud Flash Payment: for lottery registration in designated areas and local subsidy claims.

Time slots for monitoring: - Daily at 0/10/20: quotas refresh - 20:00 on November 10: Double Eleven additional red envelopes

Spike purchasing tips: On weekday mornings, system loads are lighter, increasing success rates by 30%.

Inter-platform tips: Qualification is not transferable between JD and Taobao; in provinces like Jiangsu and Guangdong, central and local subsidies can be stacked for savings of up to 30%.

3. All-category operational guide Home appliance renewal subsidy formula: Selling price × 20% (A grade energy efficiency); old machines can be “delayed for recycling,” first receive the new one, then arrange for the old one.

For digital upgrades, purchasing the iPhone 17 standard version (5,999 yuan) allows for a 500 yuan national subsidy. After platform discounts, it comes down to around 5,000 yuan; for computers priced at 10,000 yuan, a maximum subsidy of 2,000 yuan can be claimed.

For automobile replacements, transferring old vehicles must be completed by October 31, while new energy vehicles can utilize local subsidies (e.g., Chongqing adds 135 million yuan), potentially saving up to 25,000 yuan.

Renovations in Zhejiang provide an extra 10% for energy-saving lamps; in some cities in Jiangsu, total subsidies can reach 30%, requiring appropriate documentation in advance.

4. Avoid pitfalls guide If no subsidies are available upon checkout: first claim eligibility, and do not cross-platform usage; if local quotas are full: change time slots (0/10/20) or use family accounts; slow recycling of old machines: contact customer service for “delayed recycling,” which does not impact the subsidies; false price inflation: retain screenshots for reporting to market supervision authorities.

5. Current regional quota dynamics (updated October 17) Tight: Shanghai, Anhui, Jiangsu (lottery); adequate: Guangdong (Zhanjiang, Shantou), Zhejiang (Shaoxing), Hunan; about to suspend: Shandong, Hebei (closure by the end of October).

6. Special Double Eleven plan Red envelope stacking: Search “红包600” on JD (three times daily, max 11,111 yuan) and “红包到手886” on Taobao (once daily), both stackable with national subsidies; presale lock: starting October 20, deposit payments will automatically deduct the national subsidy balance on final payments, choosing products with "30-day price protection" as a priority; prioritization: home appliances/digital focuses by October 31 and November 10; automobiles from late November as manufacturers seek volume.

7. Action checklist Immediately: search “国补588” on JD and “红包到手886” on Taobao to claim eligibility; store historical records; in the near future: organize old machine/vehicle documentation and bind to Cloud Flash Payment (if in lottery areas); long term: place orders before November 10 and complete verifications before December 31.

Right now, open your phone, and you can confirm your national subsidy eligibility within a minute; add the big-ticket items to your cart and view the subsidy amounts in real-time at checkout—an energy-efficient air conditioner priced at 5,000 yuan could get a national subsidy of 1,000 yuan plus a Double Eleven red envelope discount of 500 yuan, making the effective price just 3,500 yuan. Note, the 69 billion quota will not “pop up reminder,” and when the system shows "no qualification," then this year’s national welfare opportunity will truly be missed. Share this information with your parents and partners, apply across multiple accounts in one household, turning this "strategy" into real savings—this is the best response to this wave of benefits, as the next cycle of such subsidies will not be until 2027.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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