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外 Waitan Ludi Policy Terminal China industrial-policy monitor · updated 2026-10-25
Business view Look up your firm or a competitor: every list it is on. Subsidy paymentsTax-relief cataloguesForeign-invested 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
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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%
17,187 firms · ranked by documents that list them
FirmOwnershipDocs FundingSubsidy listTax listDesignatedKey projectApprovalAdverseOther Years
北汽福田汽车股份有限公司
BAIC Group
State-owned 105 11885512432 2013–2026
比亚迪汽车工业有限公司
BYD
Domestic private 97 101080411732 2016–2026
浙江吉利汽车有限公司
Geely
Domestic private 92 112763·1522 2016–2026
东风汽车集团有限公司
Dongfeng Motor
State-owned 87 88725·2932 2018–2026
南京金龙客车制造有限公司
Skywell
Domestic private 85 10573··1812 2016–2026
厦门金龙联合汽车工业有限公司
King Long
State-owned 85 103695·1432 2016–2026
厦门金龙旅行车有限公司
King Long
State-owned 85 102722·132· 2013–2026
浙江豪情汽车制造有限公司
Geely
Domestic private 85 92722·1522 2016–2026
金龙联合汽车工业(苏州)有限公司
King Long
State-owned 83 9273··151· 2017–2026
重庆长安汽车股份有限公司
Changan
State-owned 83 118598·1822 2016–2026
郑州宇通重工有限公司
Yutong
Domestic private 82 914671·622· 2017–2026
吉利四川商用车有限公司
Geely
Domestic private 81 616673·162· 2018–2026
安徽安凯汽车股份有限公司
JAC Group
State-owned 79 102671·142· 2016–2026
上汽大通汽车有限公司
SAIC Motor
State-owned 79 5472··1822 2018–2026
安徽江淮汽车集团股份有限公司
JAC Group
State-owned 77 84625·2732 2018–2026
长城汽车股份有限公司
Great Wall Motor
Domestic private 76 710624·1322 2016–2026
长沙中联重科环境产业有限公司
Zoomlion
State-owned 75 214671·60·· 2018–2026
上海汽车集团股份有限公司
SAIC Motor
State-owned 75 119535·15·2 2016–2026
比亚迪汽车有限公司
BYD
Domestic private 73 1011553·1122 2016–2026
东风汽车股份有限公司
Dongfeng Motor
State-owned 71 55622·2422 2018–2026
中国第一汽车集团有限公司
FAW Group
State-owned 69 66547·3112 2018–2026
奇瑞汽车股份有限公司
Chery
State-owned 68 125476·1612 2016–2026
江铃汽车股份有限公司
Jiangling Motors (JMC)
State-owned 67 3262··2012 2018–2026
扬州亚星客车股份有限公司
Yangzhou Yaxing
State-owned 67 10356··142· 2016–2026
奇瑞商用车(安徽)有限公司
Chery
State-owned 66 42582·2022 2018–2026
上汽通用五菱汽车股份有限公司
SAIC Motor
Sino-foreign joint venture · General Motors 64 7251511422 2017–2026
上海申沃客车有限公司 Sino-foreign joint venture · Volvo Buses 63 10452··82· 2017–2026
东风柳州汽车有限公司
Dongfeng Motor
State-owned 61 53532·19·2 2018–2026
珠海广通汽车有限公司 Domestic private 58 12244··172· 2016–2026
徐州徐工环境技术有限公司
XCMG
State-owned 56 21251··45·· 2020–2026
安徽华菱汽车有限公司 — 54 24483·18·· 2018–2026
贵州长江汽车有限公司 — 54 6346··191· 2018–2026
徐州徐工汽车制造有限公司
XCMG
State-owned 53 1251··18·· 2018–2026
中植一客成都汽车有限公司 Domestic private 53 7245··131· 2018–2026
中国重汽集团成都王牌商用车有限公司
Sinotruk
State-owned 53 8243··18·· 2017–2026
奇瑞万达贵州客车股份有限公司
Chery
State-owned 53 83431·202· 2016–2026
东风特种汽车有限公司
Dongfeng Motor
State-owned 53 9242··161· 2017–2026
郑州宇通客车股份有限公司
Yutong
Domestic private 52 102401·162· 2016–2023
程力汽车集团股份有限公司 Domestic private 52 1349··19·· 2018–2026
上海申龙客车有限公司
Shenlong Bus
Domestic private 52 8243··163· 2016–2026
中车时代电动汽车股份有限公司
CRRC
State-owned 52 1349··11·· 2020–2026
河北长安汽车有限公司
Changan
State-owned 52 102401·1512 2016–2026
成都大运汽车集团有限公司
Dayun
Domestic private 52 8442··1531 2016–2026
三一汽车制造有限公司
SANY
Domestic private 51 17471·50·· 2018–2026
庆铃汽车股份有限公司 Sino-foreign joint venture · Isuzu 51 3845··2012 2018–2026
丹东黄海汽车有限责任公司 — 51 9341··152· 2017–2026
广西申龙汽车制造有限公司
Shenlong Bus
Domestic private 49 6241··11·· 2018–2026
重庆瑞驰汽车实业有限公司 — 49 104362·151· 2016–2026
山东唐骏欧铃汽车制造有限公司 Domestic private 49 6·412·151· 2018–2026
航天晨光股份有限公司
China aerospace groups (CASC, CASIC)
State-owned 49 ·946··57·· 2018–2026
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