Xinjiang subsidizes automobile consumption, up to 6000 yuan per person.

CTOnews.com, November 7, according to the official news of "Xinjiang release", the Information Office of the people's Government of Xinjiang Autonomous region today held a press conference on "tapping the consumption potential of the Autonomous region and taking various measures to accelerate the recovery of consumption for the better." in order to fully release the automobile consumption potential of Xinjiang and jointly promote the consumption of goods in other areas, the Development and Reform Commission of the Autonomous region and the Department of Commerce of the Autonomous region and other departments It is planned to organize automobile consumption subsidy activities in Xinjiang from November 2023 to January 2024.

Tuyuan Pexels individual consumers who purchase new passenger cars with VAT-free bicycles priced between 8-300000 yuan in auto distribution enterprises within the autonomous region can apply for financial subsidy coupons through China UnionPay Cloud Flash payment client after registration.

Consumption coupons take the lead first, and each person can get a maximum of 6000 yuan consumption coupons.

CTOnews.com also noted that from January to September, retail sales of cars above quota in Xinjiang reached 48.051 billion yuan, an increase of 25.5 percent over the same period last year, an increase of 20.7 percent over January to June.