The subsidy amount varies depending on the car's purchase price, with a maximum subsidy of 4,300 yuan per vehicle. The distribution of subsidies is also contingent upon the vehicle type and registration location. Traditional gas-powered vehicles registered in Nanchang will be subsidized with a fuel card, while new energy vehicles will be supported in cash. Regardless of type, cars registered outside of Nanchang will receive financial subsidies.
District Government in Nanchang to Grant 1.5 Million Yuan in Car Purchase Subsidy
By Great Dec 18, 2023, 10:48 p.m. ET
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BEIJING, December 12 (AsianFin) – The Honggutan district government in Nanchang city will distribute 1.5 million yuan in car purchase subsidies as part of the "Shopping in Honggu and Enjoying Life" car sales promotion event in the second half of December
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