多地汽车国补暂停？发改委：第四批消费品以旧换新资金已下达

Core Viewpoint - The recent suspension of the "old-for-new" vehicle subsidy across multiple regions in China is a strategic adjustment by local governments to ensure the smooth and orderly use of annual subsidy funds, rather than a reduction in support for the automotive industry [1][2][8]. Group 1: Policy Changes - Various regions, including Jiangsu and Zhejiang, have announced the suspension of their vehicle "replacement and update" subsidies, with specific deadlines set for October 2025 [2][3]. - The Guangzhou Municipal Bureau of Commerce has also adjusted its vehicle "replacement and update" policy, with applications for subsidies ending on September 30, 2025 [3][5]. - The Guangdong Provincial Automobile Circulation Association indicated that the end dates for subsidies vary by city, depending on the actual usage of subsidy funds [5]. Group 2: Financial Support - The National Development and Reform Commission (NDRC) announced the allocation of 69 billion yuan in special bonds to support the "old-for-new" vehicle program, completing the annual allocation of 300 billion yuan [6][8]. - As of September 10, 2025, the number of applications for the "old-for-new" vehicle program reached 8.3 million, indicating strong consumer interest [8]. Group 3: Market Impact - The suspension of subsidies may impact vehicle sales, as some dealers express concerns about the potential decline in demand for certain models due to the lack of available subsidies [8]. - The automotive industry analyst noted that the adjustment in subsidy policies is a form of refined regulatory control rather than a decrease in national support [8]. Group 4: Consumer Guidance - Consumers are advised to distinguish between "scrapping" and "replacement" subsidies, as many regions continue to implement scrapping subsidies while suspending replacement subsidies [9]. - It is important for consumers to stay updated on local subsidy policies, as adjustments may occur based on funding availability, and to be aware of application deadlines to avoid missing out on potential benefits [9].