Shanghai Securities News reported that on September 3, the Shanghai City Development and Reform Commission and the Shanghai City Finance Bureau jointly issued the “Shanghai City Implementation Plan for Further Intensifying Efforts to Promote the Exchange of Old Goods for New Products.
“(hereinafter referred to as the “old-for-new program”), focusing on supporting the scrapping and renewal of automobiles, the replacement and renewal of passenger cars for individual consumers, the replacement of home appliances and electric bicycles, local renovations such as old house decoration, kitchen and bathroom, and home aging-friendly renovations.
Purchase of items and materials to promote smart home consumption, etc.
The overall arrangement of funds exceeds 4 billion yuan, which will be shared by the ultra-long-term special treasury bonds directly issued by the state and Shanghai-level fiscal funds at a ratio of 85%: 15%.
, on the one hand, implements the national automobile scrapping subsidy policy, increasing the subsidy for individual consumers to purchase new energy passenger cars from 10,000 yuan to 20,000 yuan, and the subsidy for purchasing fuel passenger cars with displacement of 2.
0 liters and below will be increased from 7000 yuan to 15,000 yuan.
On the other hand, Shanghai has raised the subsidy standard for trade-in automobiles, raising the subsidy standard for individual consumers to buy new energy passenger cars for trade-in, and raising the subsidy standard for fuel passenger cars to 12,000 yuan.
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