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Guangzhou Plans to Increase New Auto Purchase Subsidy by RMB300M
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To better meet the consumer demand for car purchases, and in accordance with Guangzhou's second round of auto consumption promotion activity implementation details for Guangdong Quality Products Purchase, as well as the overall arrangement of provincial and municipal budget funds, it has been decided to supplement the activity funds by RMB300 million, according to Nanfang+.

Of which, the subsidy standards of RMB4,000 and RMB5,000 each have a fund limit of RMB150 million, with 37,500 and 30,000 quotas respectively.

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