Has the National Subsidy Ended? Latest Update for December: Subsidy Continues! Final Round of 69 Billion CNY Still Available Until December 31, 2025

Deep News12-11

December 11, 2025 – The central government's "trade-in" subsidy program (commonly known as the "National Subsidy") is entering its final phase: the fourth batch of 69 billion CNY is being rapidly distributed nationwide. Authorities have confirmed the nationwide deadline as 24:00 on December 31, with no extensions or replenishments once funds are exhausted. High-consumption provinces like Henan, Jiangsu, and Guangdong have already utilized over 80% of their quotas, with certain categories expected to run out by mid-December. Industry experts advise: "The question isn’t whether to buy, but whether you can secure eligibility."

**Key Highlights** - **Subsidy Participation Methods**: - For home appliances and furniture, search "家电900" on the JD.com App for discounts up to 2,000 CNY. - For electronics and mobile devices, search "数码900" or "手机900" for subsidies up to 500 CNY. - For general discounts, search "红包900" for daily red packets up to 1,888 CNY (stackable with subsidies).

**Policy Timeline: The Final 300 Billion CNY Push** - **Batch 1 (Jan–Mar)**: 81 billion CNY – **Exhausted** - **Batch 2 (Apr–Jun)**: 75 billion CNY – **Exhausted** - **Batch 3 (Jul–Sep)**: 75 billion CNY – **Exhausted** - **Batch 4 (Oct–Dec)**: 69 billion CNY – **Final sprint, first-come-first-served**

Starting 2026, central subsidies for standard categories will end, transitioning to localized, limited-scale policies, likely with reduced benefits.

**Subsidy Scope: Four Major Categories, Up to 2,000 CNY Off** - **Home Appliances/Furniture**: 20% off (max 2,000 CNY per item), e.g., energy-efficient ACs, 8K TVs, large refrigerators. - **Electronics**: Max 2,000 CNY off, e.g., laptops, tablets, projectors. - **Smartphones**: Flat 500 CNY subsidy, e.g., 5G flagships, foldable phones, iPhone 16 series. - **Auto Trade-ins**: Up to 20,000 CNY for EVs or sub-2.0L fuel vehicles, with additional local vouchers (1,000–1,200 CNY) in some regions.

**How to Apply: Instant Access via JD/Tmall** Eligibility is claimed via app searches (e.g., "家电900" for appliances), with automatic discounts at checkout. Pro tip: Save search terms in your history for quick access during peak times.

**Local Boosts: Sichuan, Guizhou, Chongqing Add 1% Loan Subsidies** These regions now offer annual interest subsidies on consumer loans, stacking with national and platform discounts for total savings up to 30,000+ CNY.

**30-Day Countdown Checklist** 1. **Lock in eligibility**: Purchase by December 20 to avoid quota exhaustion. 2. **Stack discounts**: Use daily red packets ("红包900") + store coupons. 3. **Prioritize high-efficiency**: Look for "government-subsidized" Tier-1 energy-rated products. 4. **Check local policies**: Auto buyers should inquire about loan subsidies and municipal vouchers. 5. **Deadline reminder**: Nationwide cutoff at 24:00 on December 31 – no extensions.

**Final Call: Last Chance for Unmatched Savings** The subsidy isn’t over, but funds are dwindling. With 69 billion CNY in central subsidies and year-end platform deals, the next 20 days offer 2025’s best buying window. Post-2026, central subsidies vanish, and local policies won’t match current scales. For those eyeing appliances, gadgets, or cars, act now – search JD.com for keywords, secure eligibility, and save real money.

**Hurry – the gates close December 31 at midnight.**

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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