According to the “Hangzhou Press”, from July 24, 2024 to December 31, 2024, individual consumers can apply for a one-time subsidy of up to RMB 18,000 by canceling or transferring the vehicle under the person's name and purchasing seven or fewer new passenger cars in Hangzhou.
杭州舊換新車補貼標準再加碼 最高補貼18,000元人幣
Hangzhou's old-for-new car subsidy standard is further increased, with a maximum subsidy of 18,000 yuan.
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