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Scrapping Subsidies for Trucks 7 Years or Older - China Program

Summary by 40ton.net
China has expanded its state subsidy program for scrapping used trucks. Local media are reporting exceptionally high amounts awarded in Hunan Province (population 66 million), highlighting the surprisingly new equipment. Carriers can benefit from national, provincial, and municipal subsidies. All these subsidies are cumulative and not mutually exclusive. As a result, companies in Hunan Province can receive up to 178,000 yuan in subsidies for the…
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Scrapping Subsidies for Trucks 7 Years or Older - China Program

China has expanded its state subsidy program for scrapping used trucks. Local media are reporting exceptionally high amounts awarded in Hunan Province (population 66 million), highlighting the surprisingly new equipment. Carriers can benefit from national, provincial, and municipal subsidies. All these subsidies are cumulative and not mutually exclusive. As a result, companies in Hunan Province can receive up to 178,000 yuan in subsidies for the…

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40ton.net broke the news in on Tuesday, August 5, 2025.
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