Over 20 cities have temporarily suspended or adjusted car subsidies.
As the end of the year approaches, with the further consumption of the fourth batch of 69 billion yuan in subsidies from the government, more and more places have suspended or adjusted their subsidies for trading in old cars for new ones. According to incomplete statistics, as of now, more than 20 cities across the country have successively suspended or adjusted the application for subsidies for trading in old cars for new ones. For example, Hubei Province adjusted the distribution method of the subsidies for trading in old cars for new ones in mid-November, distributing the subsidies in four batches each day, with the last batch distributed on December 5th, and distribution ending once each batch of subsidies is claimed.
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