Shenzhen: Subsidies of 15% of the product selling price will be given for purchasing mobile phones, tablets, smart watches and bracelets, smart glasses, and other products.
The implementation plan of the special national bonds for supporting the consumption of consumer goods by exchanging old for new in Shenzhen mentions supporting the purchase of digital and smart products. Individual consumers purchasing mobile phones, tablets, smart watches, smart bracelets, smart glasses, and other 4 categories of products will receive a subsidy of 15% of the product's sales price, with each consumer eligible for a subsidy of 1 item per category, not exceeding 500 yuan per item. The subsidy for purchasing new smart home products will be determined by the Municipal Bureau of Commerce based on the city's advantageous product situation, in accordance with relevant national and provincial guidelines.
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