China Releases 2026 Subsidy Policies for Home Appliance and Auto Trade in Programs

Subsidy Policies for Home Appliances

China: China has released detailed policies for its 2026 home appliance trade in subsidy program, along with incentives for the purchase of selected digital and smart products, as part of efforts to boost domestic consumption. According to a notice jointly issued by the Ministry of Commerce and other government departments, individual consumers purchasing energy and water efficient household appliances will be eligible for subsidies of up to 1,500 yuan (US$ 215 approx.) per item, equivalent to 15% of the final purchase price after discounts. Eligible products include refrigerators, washing machines, televisions, air conditioners, water heaters and computers. Retailers participating in the scheme must also have the ability to recycle old appliances and offer integrated delivery and collection services. Subsidies will also apply to digital and smart products such as mobile phones, tablet computers, smartwatches and smart bands priced at no more than 6,000 yuan (US$ 860 approx.), with a maximum subsidy of 500 yuan (US$ 70 approx.) per item.

Source: China Daily