多地“国补”暂停？回应来了

Core Viewpoint - The recent suspension of national subsidies for consumer goods exchange programs in multiple regions has raised concerns about the future of these initiatives [1][2]. Group 1: Suspension of Subsidies - In June, reports emerged that the subsidy funds for 27 categories of green smart home appliances and home renovation in Chongqing had been exhausted, leading to the cessation of voucher applications starting June 2 and June 3 respectively [3][5]. - The Chongqing Municipal Commerce Commission confirmed the suspension of the "old for new" subsidy due to the depletion of funds, with similar announcements made by the Xinjiang Uygur Autonomous Region regarding the imminent exhaustion of subsidy funds for various consumer goods [6]. Group 2: Market Reactions and Future Plans - The sudden news of subsidy suspensions has led to market speculation and anxiety, with concerns about whether the subsidies would be permanently halted. However, industry experts indicate that this is a temporary situation due to funding gaps, with new rounds of funding being prepared [8][9]. - Various local governments have responded by indicating that the subsidy programs are merely paused for quantity control rather than being completely terminated. For instance, the Chongqing Municipal Commerce Commission is preparing a second round of subsidy policies expected to be announced in early June [8][9]. Group 3: Impact and Future Funding - The "old for new" subsidy program has shown significant results since its inception, with data from the Ministry of Commerce indicating that as of May 31, 2025, the program has generated sales of 1.1 trillion yuan and issued approximately 175 million direct consumer subsidies [11]. - The National Development and Reform Commission has announced plans to accelerate the disbursement of funds and complete the financial settlement for 2024, with a total of 300 billion yuan allocated to support the "old for new" initiatives, doubling the amount from the previous year [11].