Ministry of Finance recovers pre-allocated funds for the 2024 car trade-in subsidy from central government finances
2026-11-05 17:15:54
According to CoinMeta, and in accordance with the "Notice of the Ministry of Finance on the Allocation of Pre-allocated Central Fiscal Funds for the 2024 Automobile Trade-in Subsidy Program" (Cai Jian [2024] No. 129), the "Notice of the Ministry of Finance and the National Development and Reform Commission on the Settlement Results of the 2024 Consumer Goods Trade-in Fund" (Cai Jian [2026] No. 60), as well as your department's (bureau's) "Application for the Recovery of 2024 Consumer Goods Trade-in Funds," a portion of the central fiscal funds that were pre-allocated to your province (region, military corps) for the automobile trade-in program in 2024 is now to be recovered (see details in the attachment). Your province (region, military corps) is required to remit these funds to the central finance, which will be recorded under the 2026 government revenue and expenditure classification item "2300602 Special Remittance Expenditure." The settlement of these funds between the central and local finances for the year 2026 will be handled accordingly.
Source:Jin10 Data
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