· Shandong has eliminated nearly 40,000 vehicles in the past year, subsidizing 320 million yuan

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Last year, the General Office of the Shandong Provincial Government issued the “Administrative Measures for the Early Phase-out Subsidy of the Yellow Label Vehicles in Shandong Province”. Since October 2013, it has been registered in the province (excluding Qingdao) and the mandatory retirement date is December 2015. After the 31st day, the yellow standard car will be phased out in advance and will be approved in accordance with the relevant conditions, and the corresponding subsidies will be given. Recently, the reporter of the Public Network learned from the Shandong Provincial Department of Finance that since the implementation of the policy for one year, the province has approved a total of 38,346 yellow-label vehicles in advance, and paid a subsidy of 32,125,280 yuan.

It is reported that since the implementation of the policy, the province has completed the review of the 22,054 trucks and 16,292 passenger vehicles that were eliminated in advance, and the amount of subsidies paid is RMB 20092.52 million and RMB 120,327,600 respectively. The cumulative elimination of Jinan City, Weihai City and Yantai City ranks in the top three in the province. The cumulative subsidy payment amount in Jinan City, Weihai City and Weifang City ranks in the top three in the province. Among them, Jinan City has eliminated 11,640 vehicles and the subsidy payment amount is 99.205 million yuan, accounting for 30.36% and 30.89% of the province respectively, ranking first in the province.

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