Many places suspend "national subsidies" for household appliances? Some places say that the previous subsidy funds have been exhausted, experts say that the second and third batches are being distributed.

date
07/06/2025
The most important promotion battle in the first half of this year, "618," is currently heating up. However, there have been reports in some areas that the old-for-new appliance "guobu" program has been suspended or adjusted. Wu Xianjian, the Executive Vice Secretary General of the China Household Electrical Appliances Business Association, told reporters: "Recently, there have indeed been some cases of the suspension or adjustment of the 'guobu' program for appliances in certain regions. This is mainly due to a gap in the continuity of funds for the program. Some areas have already received the second batch of funds, while others are still in the process of receiving them. The planning for the third batch of funds is also underway. Currently, this is a temporary situation, and there is some anxiety in the market as well as speculation by businesses. I believe there will soon be improvements."