Shulou(Shulou.com)11/24 Report--

CTOnews.com August 7 news, Henan Province People's Government General Office issued a notice on printing and distributing "Several policies and measures to continuously expand consumption," announced that the car purchase subsidy policy will be extended to the end of December 2023, to the new car purchase consumers in the province according to 5% of the purchase price subsidies (up to 10000 yuan/set).

The Notice supports all localities to issue preferential parking policies for new energy vehicles in combination with the actual situation, and encourages exemption from parking service fees for motor vehicles during charging of new energy vehicles; supports all localities to formulate and implement special policies for promoting consumption of automobiles and home appliances to rural areas in combination with the actual situation, encourages large-scale automobile sales enterprises and household appliance sales enterprises to carry out joint promotion activities, and the provincial finance department will give appropriate support until the end of December 2023.

The subsidy policy for consumption of smart electronic products and household electrical appliances will also continue until the end of December 2023, and the provincial finance department will award subsidies according to no more than 30% of the actual financial subsidy expenditure in various places.

CTOnews.com with Notice Original:

In order to guide consumption expectations, continuously release domestic demand potential and accelerate the recovery of market consumption vitality, the following policies and measures are formulated in combination with the actual situation of our province.

1. The subsidy policy for car purchase will be extended to the end of December 2023. Subsidies will be given to consumers who purchase new cars in the province according to 5% of the purchase price (up to RMB 10000 yuan/set), and half of the subsidies will be given by provincial and municipal finance departments. The specific subsidy standards and methods shall be formulated and implemented by local governments in combination with actual conditions. (Responsible units: Provincial Department of Commerce, Department of Finance)

2. Accelerate the construction of charging infrastructure and encourage all localities to reduce the cost of construction land in various ways. For special charging facilities in public service fields such as public transport, sanitation and commuting and public charging facilities constructed in service areas along expressways, provincial financial subsidies shall be given according to 40% of the total investment in main charging equipment; for other public charging infrastructure meeting the requirements, provincial financial subsidies shall be given according to 30% of the total investment in main charging equipment. Before 2030, centralized charging and switching facilities with two-part tariff will be exempted from electricity demand (capacity) charges. Support the introduction of preferential parking policies for new energy vehicles in combination with the actual situation, and encourage exemption from parking service fees for motor vehicles during charging of new energy vehicles. (Responsible units: Provincial Housing and Urban Construction Department, Department of Commerce, Department of Natural Resources, Development and Reform Commission, Department of Industry and Information Technology, Department of Finance)

3. The subsidy policy for consumption of smart electronic products and household electrical appliances will be extended to the end of December 2023, and the provincial finance department will award subsidies according to no more than 30% of the actual financial subsidy expenditure in various places. (Responsible units: Provincial Department of Commerce, Department of Industry and Information Technology, Department of Finance)

4. Support all localities to formulate and implement special policies to promote consumption of automobiles and home appliances in rural areas in combination with actual conditions, encourage large-scale automobile sales enterprises and home appliance sales enterprises to carry out joint promotion activities, and give appropriate support from provincial finance until the end of December 2023. (Responsible units: Provincial Department of Commerce, Department of Industry and Information Technology, Department of Finance)

5. Support local policies according to cities, and continuously improve policies to promote the healthy development of housing consumption, such as housing purchase subsidies. For families with two or three children who have minor children and families with elderly people who rely on old-age care to purchase newly-built commercial housing, reasonable housing demand can be supported by issuing house purchase coupons or subsidies. For new graduates who are employed locally from July 1,2023 to December 31,2023, one-time monetary subsidies can be given on the basis of the original policy of supporting talents to buy houses. Encourage foreign businessmen, migrant workers and returnees to issue policies to support house purchase and rental housing, so as to meet the demand for reasonable rent and house purchase. Support the introduction of policies and measures to support groups to purchase commercial housing in accordance with the principle of job and housing balance. (Responsible unit: Provincial Housing and Urban Construction Department)

6. Implement the long-term mechanism for dynamic adjustment of interest rate policy for newly issued first set of commercial individual housing loans, and gradually relax the lower limit of interest rate for commercial individual housing loans for eligible cities. Banking financial institutions shall adjust the stock mortgage interest rate in a timely manner on the interest rate re-pricing date in accordance with the interest rate re-pricing cycle and adjustment method specified in the loan contract. To improve the identification standard of the second suite, the banking financial institutions shall implement the loan policy for the first suite in cities where the purchase restriction measures have not been implemented, families who own one set of housing and have settled the corresponding purchase loans, and apply for loans again to purchase ordinary commercial housing in order to improve living conditions. Support Zhengzhou to carry out the reform of the pre-sale system of commercial housing, and promote the pilot sales of existing housing in Zhengzhou and Kaifeng. (Responsible units: Zhengzhou Central Sub-branch of the People's Bank of China, Henan Banking Supervision Bureau, Provincial Housing and Urban Construction Department)

7. Encourage all localities to issue e-commerce platform consumption coupons in accordance with the principle of "government guidance, enterprise participation and mass benefit" to expand the scale of online consumption. For the e-commerce and e-commerce platform enterprises with a year-on-year growth rate of online retail sales of physical commodities higher than the national average level in 2023, and an increase of 30 million yuan in online retail sales of physical commodities in our province from July to December compared with the same period last year, the provincial finance department will reward 30,000 yuan, and the maximum reward amount for a single enterprise shall not exceed 10 million yuan. (Responsible units: Provincial Department of Commerce, Department of Finance)

8. The subsidy policy for consumption coupons such as retail, catering, cultural tourism and accommodation will be extended to the end of December 2023. The provincial finance department will award and supplement according to no more than 30% of the actual financial expenditure of the provincial cities (Jiyuan Demonstration Zone and Airport District), and pre-allocate the award and supplement funds in advance. (Responsible units: Provincial Department of Commerce, Department of Culture and Tourism, Sports Bureau, Department of Finance)

9. Strengthen the distribution of provincial sports fitness coupons, optimize the face value and type of coupons, moderately increase the total amount of distribution in 2023, expand the distribution scope to the whole province, and increase the use items to 16 items such as football, basketball, volleyball, badminton, table tennis, tennis and swimming. (Responsible units: Provincial Sports Bureau, Department of Finance)

10. Henan wine enterprises are encouraged to carry out promotional activities such as "scanning the code to win red envelopes" and "buying wine to send fuel cards" to promote Henan wine consumption. All localities are encouraged to reward Henan wine production enterprises according to 2.5% of the new sales volume in 2023, and the provincial finance department will subsidize them according to 30% of the actual financial subsidy expenditure. (Responsible units: Provincial Department of Industry and Information Technology, Department of Finance)

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