Shenzhen Municipal Bureau of Commerce has clarified the new-vehicle eligibility rules for the city’s “old-for-new” e-bike trade-in subsidy as the national standard transition takes effect the day before yesterday.

National subsidies of up to 20% are available to study-related products just as the new academic year begins. For the first time, smart lamps, study desks and chairs, and dedicated learning devices have been included in the national trade-in subsidy program with subsidies of up to 20%.

Shenzhen Municipal Industry and Information Technology Bureau has put into effect a new set of operational procedures to provide financial support for high-end equipment and instrument industry cluster, aiming at accelerating the high-quality development of the cluster.

Childcare subsidies that parents receive in accordance with the national childcare subsidy policy are exempt from individual income tax, according to a notice jointly released by the Ministry of Finance and the State Taxation Administration on Friday.