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2 Hangzhou's districts offer 70-mln-yuan subsidies for automobile purchase
en.hangzhou.com.cn   2024-05-13 17:45   Source: hangzhou.com.cn

Xiaoshan District and Linping District in Hangzhou have recently launched a new round of subsidies for automobile purchase to drive consumption, totaling 70 million yuan. 

Xiaoshan has previously distributed a subsidy of 30 million yuan. An additional subsidy of 50 million yuan will be provided this time. For another, Linping’s subsidy is given for the first time this year, with the total amount of 20 million yuan.

The subsidy standards of these two districts are the same: the subsidy is 2,000 yuan when the automobile purchase price is 100,000-200,000 yuan; the subsidy is 4,000 yuan when the automobile purchase price is 200,000-300,000 yuan; the subsidy is 6,000 yuan when the automobile purchase price is more than 300,000 yuan. 

The policy incentive is valid until June 30 in accordance with the principle of “First come, first served”. 

Author: Text by Ye Lijiao  Editor: Ye Lijiao
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