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Jinan City Introduces RMB12M Auto Consumption Subsidy
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Jinan City officially kicked off the third round of automobile consumption subsidy activities for the second half of 2025 yesterday (1st), with the subsidy program running until the end of September. The total subsidy fund amounts to RMB12 million, disbursed on a first-come, first-served basis according to the order of application submissions. The subsidy will cease once the allocated amount is exhausted. During the event, consumers who purchase new non-commercial passenger vehicles from participating automobile sellers within the city and obtain a "Uniform Invoice for Motor Vehicle Sales" that meets the event's time requirements can apply for the subsidy. The subsidy is available to both individuals and corporate entities, with no restrictions on household registration or vehicle registration location. AASTOCKS Financial News Website: www.aastocks.com |
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