The reporter learned from the Shandong Provincial Department of Finance that as of June 30, the province had approved a total of 24,000 yellow label vehicles (excluding Qingdao) and overpaid subsidies of 205 million yuan.
According to statistics, 137,000 trucks and 10,400 passenger vehicles were approved, and the amount of subsidies paid was 123 million yuan and 81.7 million yuan respectively. The top three eliminated are the light trucks, minibuses and large buses.
At present, the cumulative elimination amount and subsidy payment amount of Jinan City, Weihai City and Yantai City rank the top three in the province respectively. Among them, Jinan City has eliminated 9,656 vehicles and the amount of subsidies paid is 82.15 million yuan, both of which account for 40% of the province.