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CN Unrolls New Round of Auto Consumption Subsidy Programs Across Multiple Regions to Boost Spending
2026-09-18 09:50:41 In order to expand automobile consumption, multiple regions in China including Qingdao and Nanjing have launched a new round of automobile consumption subsidy programs since September, Securities Daily reported. Among them, Qingdao launched the "2026 Golden Autumn Auto Purchase Subsidy Program", with the municipal government arranging RMB50 million in funding. Zhangzhou unrolled a new round of automobile consumption promotion subsidy program for 2026, coordinating RMB6.2 million in fiscal funds for subsidy quotas on a first-come, first-served basis until fully utilized. Nanjing launched the second round of automobile purchase promotion activities. ~ AASTOCKS Financial News Website: www.aastocks.com | |