Final Batch of 69 Billion National Subsidies Arrives: Application Deadline Ends by Year-End

Deep News
Nov 11

The fourth round of national subsidies worth 69 billion yuan officially resumed on November 10. As the final phase of the 2025 ultra-long-term special treasury bond subsidies totaling 300 billion yuan, the application window will remain open only until 24:00 on December 31. Missing this 61-day golden period means no further central government subsidies!

Even more significantly, these subsidies can be seamlessly combined with the ultimate 28-hour Double 11 shopping spree, offering quadruple discounts including cross-store promotions, platform vouchers, and hidden merchant coupons. Energy-efficient appliances are available at up to 60% off, while car trade-ins qualify for subsidies of up to 20,000 yuan! With limited quotas, this "last-chance" benefit is arguably the best deal of the year.

To secure subsidies, consumers must lock in eligibility now and check daily for additional vouchers. Placing orders precisely at 8 PM on November 10 ensures the lowest costs for upgrading appliances, electronics, or vehicles—waiting longer means a two-year delay for the next opportunity!

**Key Highlights:** 1. **Policy Confirmation: Final 69 Billion Subsidy Push Ends December 31** The fourth batch of 69 billion yuan in national consumer trade-in subsidies officially resumed on November 10, with applications accepted until December 31, 2025. This marks the conclusion of the 300 billion yuan ultra-long-term special treasury bond subsidies, as central subsidies will fully transition to local fiscal models starting 2026. Coverage spans six categories: appliances, furniture, smartphones, electronics, vehicles, and home renovation materials. Car trade-ins qualify for up to 20,000 yuan, while top-tier energy-efficient appliances save up to 2,000 yuan per item.

2. **Double 11 Super Stacking Strategy** - **Subsidies:** 20% off (capped at 2,000 yuan) for energy-efficient appliances; 15% (up to 500 yuan) for electronics. - **Platform Vouchers:** JD.com’s "Surprise666" offers three daily draws (max 11,111 yuan); Taobao’s "Skyfall7800" boosts rewards at 8 PM (max 25,888 yuan). - **Cross-Store Discounts:** Both platforms offer "300-50" deals, with 88VIP members eligible for an extra "5,000-500" coupon. - **Hidden Merchant Coupons:** Additional 10% savings via "Billion Subsidies" channels for appliances.

3. **Application Channels (JD.com/Taobao)** - **JD.com:** Search "Appliance588" for appliance discounts; "Digital588" for electronics (iPhone models include brand-exclusive offers). - **Taobao:** Search "Skyfall7800" for nightly 8 PM voucher rains (max 25,888 yuan); 88VIP members claim "5,000-500" coupons.

4. **2026 Policy Shifts: Central Subsidies Phase Out** - Rural green building material subsidies remain (up to 11,500 yuan savings for rural households). - NEV purchase tax cuts halved (max 15,000 yuan), with PHEV electric range thresholds raised to 100km. - Local subsidies (e.g., 1,000–6,000 yuan for vehicles in Beijing/Shanghai; 15% for appliances in Jiangsu/Hubei).

5. **Action Plan (Next 61 Days)** - Lock in subsidy eligibility by searching "Appliance588" (JD) or "Skyfall7800" (Taobao) before November 10 at 8 PM. - Claim daily vouchers (JD: 3x/day; Taobao: 1x/day). - Upgrade big-ticket items: Appliances at 40% off with stacked discounts; car buyers must invoice by December 31 (apply by November 20).

6. **Pitfalls to Avoid** - Subsidies and vouchers expire in 48 hours; use them bimonthly. - Price-check via JD’s "Price Protection" to ensure post-8 PM rates ≤ 95% of 30-day lows. - Car applicants need four documents (e.g., scrapping certificate); appliance buyers must verify eligible models.

**Final Reminder:** 2025 is about speed; 2026 hinges on information. Act now—secure subsidies, leverage quadruple discounts at 8 PM on November 10, and complete applications by December 31. These 61 days offer a golden window to upgrade homes and gadgets at unprecedented savings!

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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