In recent days, many places have temporarily suspended the subsidy for car replacement, but the subsidy for scrappage and renewal is still continuing.

Several provinces and cities in the country have recently issued announcements, declaring a temporary suspension of the acceptance of applications for automotive replacement subsidies, which has attracted widespread attention. It is worth noting that although replacement subsidy applications have been suspended, applications for scrapped vehicle renewal subsidies are still being accepted in these cities. In addition, the upcoming policy of interest subsidies for personal consumption loans also covers the automotive consumption sector.