Nanjing Adjusts New Car Purchase Subsidy Policy

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According to the Nanjing Municipal Bureau of Commerce, since the beginning of this year, in order to implement the special action to boost consumption and stimulate automobile sales potential, some sectors in Nanjing (including development zones, streets, etc.) have gradually launched related new car purchase subsidy activities. In accordance with the requirements of the “Notice from the Provincial Department of Commerce, Provincial Department of Finance, and Provincial Development and Reform Commission on Supporting Local Auto Purchase and Consumption Promotion Activities,” the province has unified the new car purchase subsidy standards. Based on provincial policy adjustments, starting from March 21 (inclusive), the new car purchase subsidy policies within Nanjing (including development zones, streets, etc.) will be adjusted. During the activity period, subsequent policies introduced by other regions regarding new car purchase subsidies will be implemented accordingly; vehicles purchased before March 20 (inclusive) that meet local application conditions will follow the original policy content.

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