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外 Waitan Ludi Policy Terminal China industrial-policy monitor · updated 2026-10-25
Monitor view Named recipients make a state act firm-specific: subsidy payments and designations first. Payment listsDocuments naming firms

Firms

Firms named in the lists that policy documents publish: subsidy and grant funding lists (proposed, allocated or paid), subsidy and tax-relief catalogues, designations and pilots, key projects, type approvals, penalties. Start from a firm to see every list it is on and the document each comes from.

21,358
Firms named
in 355 documents
17,187
Listed for a benefit
type approval alone is not a benefit
1,003
Ownership classified
317 foreign-owned or joint ventures
1,587
Funding rows with amounts
as printed; not proof of payment
Reset

Firms are read from tables and numbered lists in the documents and keyed on the normalised registered name: one group's subsidiaries stay separate firms. A listing says the document names the firm; the page of each document shows the list and the row.

Largest recipients of the central NEV purchase subsidy

Approved by MIIT's expert panel in final settlement lists for vehicles sold up to 2017, each round once (the 2018 lists give vehicles, not money). Rounds held only as a preliminary list are shown apart: they may repeat a later final list. Group subsidiaries are separate firms, as the lists name them.

#FirmOwnershipApproved, final lists+ preliminary-only
1 比亚迪汽车工业有限公司 BYD Domestic private ¥7.0 bn¥3.8 bn
2 郑州宇通客车股份有限公司 Yutong Domestic private ¥5.0 bn¥9.9 bn
3 比亚迪汽车有限公司 BYD Domestic private ¥2.2 bn¥1.5 bn
4 浙江吉利汽车有限公司 Geely Domestic private ¥1.5 bn¥1.5 bn
5 中通客车控股股份有限公司 Zhongtong Bus State-owned ¥1.5 bn¥4.3 bn
6 湖南中车时代电动汽车股份有限公司 CRRC State-owned ¥1.4 bn¥34.8 m
7 北汽福田汽车股份有限公司 BAIC Group State-owned ¥1.3 bn¥853.0 m
8 厦门金龙旅行车有限公司 King Long State-owned ¥1.2 bn¥1.6 bn
9 南京金龙客车制造有限公司 Skywell Domestic private ¥1.1 bn¥1.2 bn
10 珠海广通汽车有限公司 Domestic private ¥1.0 bn¥984.2 m
11 安徽安凯汽车股份有限公司 JAC Group State-owned ¥877.7 m¥1.6 bn
12 厦门金龙联合汽车工业有限公司 King Long State-owned ¥814.0 m¥957.0 m
13 北京汽车股份有限公司 BAIC Group State-owned ¥780.8 m¥1.2 bn
14 扬州亚星客车股份有限公司 Yangzhou Yaxing State-owned ¥580.0 m¥1.1 bn
15 奇瑞汽车股份有限公司 Chery State-owned ¥559.7 m¥588.6 m

Treatment by ownership: the same final lists, pooled. A lower approval rate for one class on like claims would point to unequal treatment; claims differ in kind (buses, cars) and size, so read it as a lead.

OwnershipFirmsVehicles claimedApprovedRate万元 claimed万元 approvedRate
Sino-foreign joint venture7 6,3956,251 97.7% 39,78638,038 95.6%
State-owned56 141,707115,233 81.3% 1,457,3691,274,746 87.5%
Domestic private25 221,031211,507 95.7% 2,229,3782,141,978 96.1%
Not classified91 67,96759,781 88.0% 554,310484,877 87.5%
765 firms · ranked by documents that list them
FirmOwnershipDocs FundingSubsidy listTax listDesignatedKey projectApprovalAdverseOther Years
珠海广通汽车有限公司 Domestic private 12 12244··172· 2016–2026
奇瑞汽车股份有限公司
Chery
State-owned 12 125476·1612 2016–2026
北汽福田汽车股份有限公司
BAIC Group
State-owned 11 11885512432 2013–2026
浙江吉利汽车有限公司
Geely
Domestic private 11 112763·1522 2016–2026
北京汽车股份有限公司
BAIC Group
State-owned 11 11313··1232 2016–2026
重庆长安汽车股份有限公司
Changan
State-owned 11 118598·1822 2016–2026
上海汽车集团股份有限公司
SAIC Motor
State-owned 11 119535·15·2 2016–2026
郑州宇通客车股份有限公司
Yutong
Domestic private 10 102401·162· 2016–2023
厦门金龙旅行车有限公司
King Long
State-owned 10 102722·132· 2013–2026
南京金龙客车制造有限公司
Skywell
Domestic private 10 10573··1812 2016–2026
厦门金龙联合汽车工业有限公司
King Long
State-owned 10 103695·1432 2016–2026
比亚迪汽车工业有限公司
BYD
Domestic private 10 101080411732 2016–2026
安徽安凯汽车股份有限公司
JAC Group
State-owned 10 102671·142· 2016–2026
扬州亚星客车股份有限公司
Yangzhou Yaxing
State-owned 10 10356··142· 2016–2026
比亚迪汽车有限公司
BYD
Domestic private 10 1011553·1122 2016–2026
上海申沃客车有限公司 Sino-foreign joint venture · Volvo Buses 10 10452··82· 2017–2026
重庆瑞驰汽车实业有限公司 — 10 104362·151· 2016–2026
北京新能源汽车股份有限公司
BAIC Group
State-owned 10 102221·10·2 2016–2026
海马汽车有限公司
Haima
Domestic private 10 1039··12·2 2017–2026
河北长安汽车有限公司
Changan
State-owned 10 102401·1512 2016–2026
云南五龙汽车有限公司 — 10 10211··152· 2016–2026
东南(福建)汽车工业有限公司 Sino-foreign joint venture · China Motor (Taiwan), Mitsubishi 10 1018211312 2015–2026
东莞中汽宏远汽车有限公司 — 10 10113··192· 2018–2026
金龙联合汽车工业(苏州)有限公司
King Long
State-owned 9 9273··151· 2017–2026
北京华林特装车有限公司 — 9 949··251· 2016–2026
浙江豪情汽车制造有限公司
Geely
Domestic private 9 92722·1522 2016–2026
江苏九龙汽车制造有限公司 — 9 9119··1612 2016–2026
郑州宇通重工有限公司
Yutong
Domestic private 9 914671·622· 2017–2026
四川野马汽车股份有限公司 — 9 9114··1212 2016–2026
上海万象汽车制造有限公司 — 9 9229··123· 2016–2026
广州汽车集团乘用车有限公司
GAC Group
State-owned 9 915·11411 2013–2020
江西博能上饶客车有限公司 — 9 916··191· 2016–2026
湖北新楚风汽车股份有限公司 — 9 9137··143· 2016–2026
东风特种汽车有限公司
Dongfeng Motor
State-owned 9 9242··161· 2017–2026
比亚迪汽车工业有限公司长沙分公司
BYD
Domestic private 9 9······· 2017–2019
丹东黄海汽车有限责任公司 — 9 9341··152· 2017–2026
中国重汽集团济南豪沃客车有限公司
Sinotruk
State-owned 9 9·3··16·· 2017–2019
北京现代汽车有限公司 Sino-foreign joint venture · Hyundai-Kia 9 91201·11·2 2017–2026
东风汽车集团有限公司
Dongfeng Motor
State-owned 8 88725·2932 2018–2026
中通客车控股股份有限公司
Zhongtong Bus
State-owned 8 8330··153· 2016–2020
上海申龙客车有限公司
Shenlong Bus
Domestic private 8 8243··163· 2016–2026
江铃控股有限公司
Jiangling Motors (JMC)
State-owned 8 816··722 2016–2021
山东凯马汽车制造有限公司
China Hi-Tech Group
State-owned 8 8129··20·· 2016–2026
安徽江淮汽车集团股份有限公司
JAC Group
State-owned 8 84625·2732 2018–2026
湖南江南汽车制造有限公司星沙制造厂 — 8 8······· 2017–2019
成都客车股份有限公司 — 8 82281·142· 2016–2026
成都大运汽车集团有限公司
Dayun
Domestic private 8 8442··1531 2016–2026
山西成功汽车制造有限公司 — 8 8·10··1512 2017–2026
浙江中车电车有限公司
CRRC
State-owned 8 8531··332· 2017–2026
烟台舒驰客车有限责任公司 — 8 816··132· 2016–2024
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