On January 1, 2026, Shenzhen will fully launch subsidy programs for vehicle scrappage and replacement, vehicle trade-in and replacement, trade-in of six categories of home appliances, and purchase of four categories of digital products. Regarding the maximum subsidy for vehicle scrappage and replacement, the maximum subsidy for new energy vehicles is 20,000 yuan, and for fuel-powered vehicles, it is 15,000 yuan; For consumers trading in their vehicles for new energy passenger cars, the maximum subsidy is 15,000 yuan, while for those trading in for fuel-powered passenger cars, the maximum subsidy is 13,000 yuan; for the six categories of home appliances, a subsidy of 15% of the product’s retail price will be provided, with each consumer eligible for one unit per product category, and no more than 1,500 yuan per unit; Subsidies for the purchase of new digital and smart products in four categories are provided at 15% of the product’s sales price; each consumer is eligible for one unit per product category, with a maximum subsidy of 500 yuan per unit. (21st Century Business Herald)