Shenzhen’s Nanshan district to offer 150 mln yuan car purchase subsidies, up to 33,000 yuan for single payment 

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Nanshan district in China’s technology hub of Shenzhen will launch the second round of car purchase subsidies during the period of June 14 – August 31, the local authority said. 

The local authority of Nanshan District, together with more than 80 car dealerships in the district, will provide a total of 150 million yuan in subsidies, an increase of 50% from the first round, with a maximum of 33,000 yuan for a single payment, it said.