Tianjin adjusts the policy for scrapping and upgrading subsidies for automobiles. Before the end of the year, a monthly budget of 20 million yuan will be allocated.

Recently, the Tianjin Municipal Bureau of Commerce issued a notice regarding the adjustment of the policy on subsidies for scrapping and updating automobiles in 2025, adding budget funds for subsequent subsidies and implementing a balanced monthly allocation method. According to the "Implementation Rules for the 2025 Tianjin Automobile Scrapping and Updating Subsidy Activities", which stipulates that the total amount of funds will be controlled, the funds will be used up until now by September 3 of this year. In order to continue the policy incentive, additional budget funds will be arranged, with a monthly budget of 20 million yuan from September 5 to December 31 of this year, following the principle of "total control, first come, first served, and stop when used up".