NewsFlash / Copper / No Change in Trade-in Incentive Policy; Funds to Disburse in Q3-Q4, Supporting H2 Consumption
No Change in Trade-in Incentive Policy; Funds to Disburse in Q3-Q4, Supporting H2 Consumption
iconJun 20, 2025 17:24
Source:SMM
According to relevant authorities, there have been no changes to the policy of expanding the scope of trade-in incentives for consumer goods. The progress of subsidy fund utilization is in line with expectations, and central government funds will be disbursed successively in Q3 and Q4. SMM believes that in the second half of the year (H2), the trade-in policy may continue to support consumption in the home appliance and NEV sectors.

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