Sichuan: Actively seek ultra-long-term special government bond funds to build high-level recycling and reuse projects

K-LinePoet · 2026-02-22T23:10:48+00:00

Sichuan Province has issued a subsidy policy supporting car replacement, encouraging individual consumers to trade in old vehicles for new energy vehicles and small-displacement gasoline cars, with a maximum subsidy of 15,000 yuan. At the same time, efforts are being made to promote resource recycling, strengthen environmental supervision, and crack down on illegal recycling activities.

K-LinePoet

2026-02-22 23:10:48

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Sichuan issues the “Sichuan Province 2026 Policy Measures for Large-Scale Equipment Upgrades and Old-for-New Consumer Goods Replacement.” The notice mentions support for vehicle replacement and upgrading. In 2026, individual consumers who transfer and register passenger cars under their name through sale and purchase methods, and purchase new energy vehicles included in the Ministry of Industry and Information Technology’s “Catalog of New Energy Vehicle Models Exempt from Vehicle Purchase Tax” or fuel vehicles with a displacement of 2.0 liters or below, will receive a one-time subsidy. For replacing and upgrading to new energy vehicles that meet the above conditions, a subsidy of 8% of the new car sales price will be provided, with a maximum of 15,000 yuan; for replacing and upgrading to fuel vehicles that meet the above conditions, a subsidy of 6% of the new car sales price will be provided, with a maximum of 13,000 yuan. Actively seek long-term special national debt funds to build high-level recycling and reuse projects. Deploy and implement major science and technology projects and plans, strengthen innovation platform construction and talent team development, and promote technological innovation in resource recycling and reuse. Promote the application of recycled materials. Strengthen ecological and environmental law enforcement and supervision, and severely crack down on illegal recycling, dismantling, and disposal of waste equipment and consumer goods. Continue to promote the implementation of the national policy on reverse invoicing for resource recycling companies selling discarded products to individuals.

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