The “National Subsidy” program continues! The latest updates on the national subsidy policy for October reveal that in the latest round, the government has released a total of 690 billion yuan. This is an important measure aimed at addressing economic pressures during critical periods.
As of October 17, 2025, the subsidy program is set to distribute significant financial aid. The first round of subsidies, amounting to 690 billion yuan, will be implemented promptly, with no extensions or alterations expected. The aim is to ensure that financial assistance reaches households effectively.
In terms of subsidy allocation, the policy will focus on household electricity consumption. For single-phase electricity users, the subsidy can reach up to 20% with a maximum cap of 2000 kilowatt-hours. Users can apply for subsidies on common household appliances like refrigerators, washing machines, and air conditioners.
Additionally, secondary energy-efficient appliances will be eligible for a 15% subsidy, capped at 1500 kilowatt-hours. For energy-efficient electric vehicles, the maximum subsidy is set at 20,000 yuan for qualifying vehicles registered before 2018.
The subsidy application process includes a convenient online system via the relevant apps. Users must register and apply for assistance based on their household’s energy consumption needs. The system will automatically calculate the subsidy amount based on submitted data.
From October 9 to November 11, there will be daily opportunities to apply for additional funding through designated app features, ensuring that users can maximize their benefits.
Overall, the subsidy program aims to alleviate the financial burden on households during these challenging economic times while promoting energy efficiency among consumers.
For more detailed information about the subsidy program and application procedures, please visit the relevant platforms.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/new-round-of-national-subsidies-announced-690-billion-yuan-allocated-amidst-economic-tightening/
