According to data released by the Ministry of Commerce on the 25th, since the issuance and implementation of the action plan to promote the trade-in of consumer goods in March, the policy effect has gradually emerged.
● Automobiles——
As of 12 noon on June 25, the Ministry of Commerce's automobile trade-in information platform has received 113,000 applications for subsidies for automobile scrapping and renewal, and the number of new subsidy applications has exceeded 36,000 in the past week, showing an accelerated growth trend.
In May, the national retail sales of automobiles were 2.271 million, a year-on-year increase of 8.7%.
Among them, the retail sales of new energy passenger vehicles increased by 38.5% year-on-year.
The number of used cars traded was 1.585 million, a year-on-year increase of 5.9%.
The recycling volume of scrapped vehicles was 523,000, a year-on-year increase of 55.6%.
● Home appliances——
From January to May, the retail sales of household appliances and audio-visual equipment of units above designated size reached 342.1 billion yuan, a year-on-year increase of 7%.
Among them, the monthly retail sales in May were 74.3 billion yuan, a year-on-year increase of 12.9%.
From January to May, trade-in sales on major e-commerce platforms increased by 81.8% year-on-year.
● Home decoration, kitchen and bathroom——
In May, the retail sales of furniture products of units above designated size increased by 4.8 percent, an increase of 3.6 percentage points from the previous month.
What is the standard of car trade-in subsidy in 2024? How do I apply for a subsidy? What materials are needed? Take you to understand——
According to the Ministry of Finance's Notice on Issuing the 2024 Budget for the Advance Allocation of Funds from the Central Government for Automobile Trade-in Subsidy, the total annual fund for automobile trade-in subsidies is 11,197.75 million yuan. Among them, the central government funds are 6,440.04 million yuan and the local funds are 4,757.71 million yuan.
● In terms of performance indicators, the annual recycling volume of scrapped vehicles was 3.78 million.
● The information of new energy vehicle models applying for subsidies is consistent with the "Catalogue of New Energy Vehicle Models Exempted from Vehicle Purchase Tax".
How much is the subsidy standard?
According to the "Detailed Rules for the Implementation of Automobile Trade-in Subsidy" (hereinafter referred to as the "Detailed Rules") issued by the Ministry of Commerce and other departments in April, the subsidy standards are as follows:
Individual consumers will receive a one-time subsidy of 10,000 yuan
A one-time subsidy of 7,000 yuan for individual consumers
Scope of subsidy: from the date of issuance of the Detailed Rules (April 24, 2024) to December 31, 2024.
How do I apply for a subsidy?
Individual consumers who intend to apply for the subsidy fund for car trade-in should fill in their personal identity information and submit an application for the subsidy by logging on to the website of the National Automobile Circulation Information Management System or the "Car Trade-in" mini program before January 10, 2025.
The State Council's client applet has a new "large-scale equipment renewal consumer goods trade-in" area,
There is a column of "car trade-in subsidy application",
Subsidy application, progress inquiry, operation guide...... can be viewed with one click.
Scan the code to apply↓↓
Prompt:
If it is necessary to change the relevant information of the amendment, it should also be completed before 24:00 on January 10, 2025. If the subsidy application is not submitted or the relevant application information is supplemented and corrected within the time limit, the subsidy will not be processed.
What documents do I need to apply for the subsidy?
● The applicant's identity information needs to upload photos of the front and back of the ID card.
● Applicant's bank account information.
● Original photos or scanned copies of the "Scrapped Motor Vehicle Recycling Certificate" and "Motor Vehicle Cancellation Certificate".
● Original photos or scanned copies of the "Uniform Invoice for Motor Vehicle Sales" and "Motor Vehicle Registration Certificate" for new vehicles.
How is the subsidy distributed?
Cash subsidies are granted. After the owner completes the procedures for scrapping the old car and purchasing a new car, he submits the application materials for the subsidy through the car trade-in platform, and after the information is approved, the local financial departments will allocate the subsidy funds to the bank account provided by the applicant according to the procedures.
(Source: Xinhua News Agency)