The Central Economic Work Conference concluded on December 12, clarifying the direction of the national subsidy ("Guobu") policy: the consumer goods trade-in program will continue in 2026 but shift from broad coverage to targeted support. Meanwhile, the fourth batch of 69 billion CNY in central government subsidies for 2025 is now open for application nationwide, with the deadline set for 24:00 on December 31. Major consumer provinces like Henan, Hunan, Jiangsu, and Guangdong are expected to close applications by December 15, marking the final rush for subsidies.
Key participation methods: - For home appliances and furniture subsidies: Search "家电588" on JD.com's app for discounts up to 2,000 CNY. - For electronics subsidies: Search "数码588" or "手机588" on JD.com's app for discounts up to 500 CNY. - For JD.com platform-wide coupons: Search "红包600" daily for red packets up to 1,888 CNY.
1. Central Government Confirms 2026 Subsidy Continuation with Refinements The Central Economic Work Conference held on December 10-11 confirmed the extension of the consumer trade-in subsidy program into 2026, marking the first official announcement of next year's policy direction. Instead of abrupt termination, the program will undergo structural adjustments based on 2025's 300 billion CNY implementation results.
2025's subsidies drove over 2.5 trillion CNY in related sales, benefiting 360 million consumers. The 2026 policy will focus on green, smart, and elderly-friendly products while phasing out basic models. Subsidy methods will diversify beyond direct price cuts to include loan interest subsidies, tax deductions, and vouchers. The total funding may match 2025's scale, with some institutions proposing an expansion to 500 billion CNY.
2. Final 20-Day Rush for 2025 Subsidies Of the 300 billion CNY special treasury bonds allocated for 2025 subsidies, the first three batches have been exhausted. The fourth batch of 69 billion CNY, released in early December, is already over 80% utilized as of December 12, with many provinces nearing quota limits.
Key deadlines: - Nationwide closure: December 31, 24:00 (no extensions). - Early closures: Henan, Hunan, Jiangsu, and Guangdong around December 15. - High-utilization provinces: Shandong and Zhejiang may suspend applications anytime. - Special systems: Shanghai and Anhui use lottery systems with low success rates; Hubei and Ningxia release quotas in batches.
Subsidy standards: - Tier-1 energy-efficient appliances: 20% off, up to 2,000 CNY. - Electronics: 15% off phones (max 500 CNY), up to 2,000 CNY for tablets/smartwatches. - Vehicles: Up to 20,000 CNY for NEVs, 15,000 CNY for fuel cars. - Home renovations/elderly-friendly upgrades: 30%-50% off, up to 10,000 CNY.
3. Application Guide: Stack Discounts for Maximum Savings JD.com and Taobao have integrated the subsidy system—search the designated keywords to apply instantly, with discounts auto-applied at checkout. Consumers can stack national subsidies, platform coupons, store discounts, and bulk deals for total savings up to 18,000 CNY. Note: Subsidy qualifications expire in 24 hours and are forfeited upon returns; immediate checkout is advised.
Additional promotions: - JD.com: Search "红包600" for daily red packets up to 1,888 CNY; students search "学生588" for exclusive deals. - Taobao: Search "补贴到手了" for platform-wide coupons up to 8,888 CNY. - JD Food Delivery: Search "外卖588" for 20 CNY no-threshold coupons.
4. 2026 Policy Trends Preview - Targeted categories: AI phones, smart robots, and green building materials will gain priority; basic goods phased out. - Regional flexibility: Wealthier provinces may maintain higher subsidies, while others scale back; cross-province purchases and offline channels may grow. - Diversified methods: Loan interest subsidies and tax deductions will expand, with pilot programs offering up to 3,000 CNY in support for personal loans.
With 2025's "strongest-ever" subsidies ending soon, the current 69 billion CNY batch and year-end sales offer the best savings window. While 2026 continues the policy, central subsidies may shrink in favor of local implementation. Consumers planning purchases should act quickly—applications close December 31 at midnight, after which large-scale central subsidies will no longer be available.
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