The Ministry of Finance will recover part of 2024 central pre-allocated funds
for auto trade-in interest subsidies and reward/subsidy payments from provinces,
regions and the Xinjiang Production and Construction Corps, based on settlement
results and provincial return applications. Recovered funds must be remitted to
the central treasury, will be recorded under 2026 government account 2300602
(special remittance expenditure), and processed in the 2026 central-local
year-end fiscal settlement.
