Nanjing Revises New Car Purchase Subsidy Policy, Effective March 21

To implement the province-wide special campaign to boost consumption, Nanjing has uniformly adjusted its automobile purchase subsidy policy effective March 21 (inclusive). According to a joint notice issued by the Provincial Department of Commerce, Department of Finance, and Development and Reform Commission, all districts (including development zones, subdistricts, etc.) across the city must apply the provincial unified standards for any subsequent automobile purchase subsidies. Vehicles purchased on or before March 20 that meet the original eligibility criteria will still be governed by the previous policy. This adjustment aims to unlock the potential of auto consumption and promote standardized, consistent policy implementation.