Recent discussions about whether the national subsidy program (referred to as "Guobu") has ended have sparked widespread attention online. In response, the National Development and Reform Commission and the Ministry of Finance jointly clarified: **The subsidies are still ongoing!** The fourth and final batch of national consumer goods "trade-in" subsidies for 2025—totaling 69 billion CNY—is currently being distributed nationwide. The application window will remain open until **24:00 on December 31, 2025**, with no extensions or retroactive payments. Once funds are exhausted, the program closes.
### Key Highlights: How to Participate - **Home Appliances & Furniture**: Search "家电900" on the JD app for discounts up to 2,000 CNY. - **Electronics & Mobile Devices**: Search "数码900" or "手机900" on JD for subsidies up to 500 CNY. - **All-Category Red Packets**: Search "红包900" on JD for daily rewards. *Pro Tip*: After initial searches, revisit via "Search History" for quick access.
### Four Rounds of 300 Billion CNY Nearing Completion In 2025, the government allocated 300 billion CNY in ultra-long-term special treasury bonds for the "trade-in" initiative, distributed in four batches: 1. **Jan–Mar**: 81 billion CNY 2. **Apr–Jun**: 75 billion CNY 3. **Jul–Sep**: 75 billion CNY 4. **Oct–Dec**: 69 billion CNY (*current batch*)
By October, the first three batches (231 billion CNY) were nearly depleted. This final round, coinciding with year-end sales events like "Double 11" and "Double 12," offers a **triple benefit**: platform discounts + national subsidies + red packets.
### Coverage & Discounts: Four Major Categories The subsidies cover appliances, electronics, automobiles, and home renovation, with unprecedented discounts: | **Category** | **Subsidy Rate** | **Max per Item** | **Examples** | |---------------------|------------------|------------------|-----------------------------| | Home Appliances | Up to 20% | 2,000 CNY | AC, fridge, TV, washer | | Electronics | Up to 15% | 500 CNY | Phones, tablets, smartwatches | | Automobiles | Trade-in bonus | 20,000 CNY | EVs, fuel vehicles | | Home Renovation | Up to 20% | 2,000 CNY | Smart locks, cabinets |
*Note*: Regions like Zhejiang and Jiangsu offer additional local vouchers (1,000–1,200 CNY) for e-bikes, stackable with national subsidies.
### How to Apply: JD App as Primary Platform Official steps via JD: 1. **Home Appliances**: Search "家电900" → Save up to 2,000 CNY. 2. **Electronics**: Search "数码900" or "手机900" → Save up to 500 CNY. 3. **Red Packets**: Search "红包900" → Daily rewards for extra savings.
### Urgency: High-Demand Regions Nearing Cap While the deadline is December 31, provinces like Henan, Shandong, Jiangsu, and Guangdong have already utilized over 80% of funds, potentially closing applications by **mid-December**.
### Policy Outlook: Central Subsidies to End in 2026 Per official notices, 2025 marks the **final year** of centrally coordinated subsidies. Starting 2026, local governments will independently manage "trade-in" programs, likely with reduced funding and scope.
### Final Reminder: Act Now! - **First-come, first-served**—no extensions. - **National cutoff**: December 31, 2025. - **2026 uncertainties**: Expected significant reductions.
**Conclusion**: This is the last call for national subsidies—a prime opportunity to upgrade appliances, electronics, or vehicles. Open the JD app, search keywords, and secure your benefits before time runs out!