Beijing Government Subsidy on JD.com for Home Appliance Trade-in up to $16000 per Person
TapTechNews August 26th news, according to the official news of JD.com, the Beijing government subsidy went online on JD.com today, and both trading in old for new or directly purchasing new can enjoy the subsidy. Each person can get up to a subsidy of 2000 US dollars for each type of product, and the subsidy for eight types of products per person can reach up to 16000 US dollars. Open the JD.com App and search for 'Beijing Home Appliance Trade-in' to enter the venue.
The eight types of products: refrigerators, washing machines, TVs, air conditioners, computers, water heaters, household cooktops, range hoods.
Subsidy amount: 20% for first-class energy-efficient products, 15% for second-class energy-efficient products.
TapTechNews attaches the specific steps as follows:
TapTechNews noticed that on August 25th, the general offices of the 4 departments such as the Ministry of Commerce, the National Development and Reform Commission, the Ministry of Finance, and the State Administration for Market Regulation announced the notice on further doing a good job in home appliance trade-in.
It is mentioned that all localities should make overall use of central and local funds to give trade-in subsidies to individual consumers for purchasing eight types of home appliance products such as refrigerators, washing machines, TVs, air conditioners, computers, water heaters, household cooktops, range hoods with energy efficiency or water efficiency standards of level 2 and above.
The subsidy standard is 15% of the final sales price of the product; for purchasing products with energy efficiency or water efficiency of level 1 and above, an additional 5% of the final sales price of the product is given as subsidy. Each consumer can be subsidized for one piece of each type of product, and each subsidy does not exceed 2000 US dollars. All localities independently determine the specific varieties of the above eight types of home appliances.