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Subsidy for Chinese with village-hukou and Trade old for New policy [Copy link] 中文

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Post time 2011-6-5 21:12:48 |Display all floors
2007-12
The government provide subsidy up to 13% of new TV sets, refrigerators, mobile phones to people with village-hukou in Shandong, Henan, and Sichuan province.
2008-12-1
The government provide subsidy to people with village-hukou in Shandong and other 14 provinces.
2009-2-1
The government provide subsidy to people with village-hukou in all of provinces in Mainland China.


2009-05-20
A total Rmb 5 billion has been allocated to help people upgrade their vehicles: light trucks and passenger vans.  The subsidy for each car is from RMB 3000 to RMB 6000.

The government also set aside RMB 2 billion yuan to subsidize purchases of home appliances.
One can can get a subsidy up to 10% of new electronic products after he/she hand in used electronic products: used TV sets, refrigerators, washing machines, air conditioners and computers.
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Post time 2011-6-5 21:17:45 |Display all floors
Did you enjoy the subsidy?

I did enjoy.

First I bought an old TV set from local market, later I use this old TV set to trade a new one.

[ Last edited by 468259058 at 2011-6-5 09:18 PM ]
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Post time 2011-6-5 21:23:12 |Display all floors
Originally posted by 468259058 at 2011-6-5 21:12
2009-05-20
A total Rmb 5 billion has been allocated to help people upgrade their vehicles: light trucks and passenger vans.  The subsidy for each car is from RMB 3000 to RMB 6000.

The government also set aside RMB 2 billion yuan to subsidize purchases of home appliances.
One can can get a subsidy up to 10% of new electronic products after he/she hand in used electronic products: used TV sets, refrigerators, washing machines, air conditioners and computers...
.
Here one refer to an individual or a company
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Post time 2011-6-5 21:35:26 |Display all floors
In order to boost the domestic consumption, improve the effiency of resources and energy usage, decrease the environmental pollution, promote a sustainable econmics, China provided subsides for consumers to upgrade vehicles and home appliances.

From a government document
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Post time 2011-6-6 07:16:13 |Display all floors
an individual can buy at most 5 home appliance with subsidy.
a company can buy at most 50 home appliance with subsidy.

+++++++++++++++++
From the perspective of justice, is it fair for entrepreneur to get so a large amount of subsidy?

a Chinese at most:  5*400= RMB 2,000 subsidy (supposed the home appliance is computers)
a company in China at most: 50*400 = RMB 20,000 subsidy (supposed computers)
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Post time 2011-6-6 08:01:53 |Display all floors
1. subsidy for Chinese with village-hukou to buy vehicle: RMB 5 billion was invested from 2009-3-1 to 2009-12-31.
The policy was last to 2010-12-31.
5*22/10 = RMB 11 billion   from 2009-3-1 to 2010-12-31.

After 2010-12-31, government restricted the new car within the car of new energy and energy effiencey type.

2. subsidy for Chinese with village-hukou to buy home appliance:
RMB 10.4 billion in 14 provinces in 2008
RMB 20 billion in 2009
That is to say: RMB 20 billion in 2010
RMB 10 billion in 2011
The total is 10+20+20+10=60

3. home appliance replacement subsidy (trade one for new)
RMB 5 billion was invested from 2009-6 to 2010-6.
5*30/12=RMB 12.5 billion   from 2009-6-1 to 2011-12-31

data source:
h ttp://baike.baidu.com

++++++++++++++++
11 + 60 +12.5 = 83.5 billion
83.5/1.34 = RMB 62.3 each Chinese.

That is to say, this round of subsidy to boost consumption, government totally invested RMB 8.35 billion, about RMB 62.3 each Chinese.
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Post time 2011-6-6 09:03:04 |Display all floors
++++++++++++++++++
We know 10% Chinese are living under RMB 100 a month. So much more than 10% lowest income Chinese can enjoy nothing from this round of subsidy.

A company can enjoy at most 50 times of one piece of home appliance subsidy.
A Chinese can enjoy at most 5 times of subsidy.

So richest Chinese, especially entrepreneur would enjoy much more than middle income Chinese from this round of subsidy.

[ Last edited by 468259058 at 2011-6-6 09:07 AM ]
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