Among the latest policies to promote automobile consumption in various regions, some regions have extended the implementation period of relevant policies to maintain policy continuity. The "Several Measures of Heilongjiang Province on Activating Automobile Circulation and Expanding Automobile Consumption Upgrade"
(referred to as "Several Measures") issued on October 14 proposed that the provincial subsidy period for local consumption promotion funds will be from May 1, 2022 to July 31. The date is extended to November 30, 2022, to support cities (prefectures) in issuing government consumption vouchers, formulate government
consumption voucher issuance policies according to local conditions, and provide subsidies for residents to purchase new cars (passenger cars) and trucks of 3.5 tons and below.
The "Notice on Continuing the Implementation of the Policy to Promote Commercial Vehicle Consumption" issued by the Nanshi Bureau of Industry and Information Technology on October 17 pointed out that according to the requirements of the "Notice on Continuing the Implementation of the Consumption Promotion
Policy" issued by the Shandong Provincial Department of Commerce and other seven departments, commercial vehicle promotion The consumption policy continues until December 31, 2022. The notice stated that in order to strengthen the implementation of the commercial vehicle consumption promotion policy, another
batch of first-level commercial vehicle dealers registered in Jinan is now being collected; car purchase subsidies will be distributed in batches, and the second batch of subsidy review is scheduled for mid-November.
Many places provide subsidy funds to expand the scale of funds for auto promotion activities and improve the effect of activities. Shanxi Provincial Department of Commerce and Shanxi Provincial Department of Finance recently issued a notice to support the promotion of automobile consumption in 2022. According to the
arrangement, the cities will coordinate funds to purchase non-operating new cars (including non-operating pickups) of more than 50,000 yuan (including non-operating pickups) in auto sales companies in Shanxi Province from September 1 to November 30, 2022, and sell them in Shanxi Province. Licensed individual consumers
are given car purchase subsidies; cities with conditions are encouraged to carry out trade-in and scrap renewal to promote car consumption; cities are encouraged to organize car sales companies, refined oil business companies, and insurance companies to jointly carry out gift cards, car maintenance, and car insurance.
Offers and other forms of promotions.