The reporter was informed that the full subsidy policy for the early phase-out of yellow-label vehicles in Tianjin will end on December 31, 2014, and the deadline is approaching. The relevant departments have reminded the owners of the yellow-label vehicles to go through the relevant scrapping procedures in a timely manner.
In order to further increase the elimination of yellow-label vehicles, Tianjin Municipality issued the Notice on Continued Implementation of the Yellow Label Vehicle Subsidy Subsidy Policy and Adjustment of the Subsidy Standard for Operating Large Bus and Heavy-Duty Trucks on October 27, 2014 (hereinafter referred to as the Notice). ), decided to extend the time limit for the acceptance of the early phase-out subsidy policy for the second-stage yellow-label car, and appropriately increase the early phase-out subsidy standard for operating large passenger cars and heavy-duty freight yellow-label vehicles.
According to the "Notice", starting from October 28, 2014, the city implemented the yellow label vehicle to phase out the differential subsidy policy in advance. In accordance with the subsidy conditions, the full subsidy will be given for the cancellation of the cancellation before December 31, 2014. The subsidy will be granted at 50% from January 1, 2015 to March 31, 2015. From April 1st, 2015, the scrapped and cancelled yellow label car will no longer enjoy the elimination subsidy.

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