It was reported by Chenzhou Municipal Bureau of Finance that the subsidy work for home appliances project handled in earlier four years had been fulfilled in this January in accordance to the unified regulations issued by the Ministry of Finance. Recently, the fund settlement work has been completed. 506 million yuan subsides were paid by Chenzhou city.

To ensure that all farmers can receive the subsidies on time, more simplified approval procedures and measures were handled out by the departments of Chenzhou Municipal Bureau of Finance. At the meantime, more efficient supervision mechanisms were carried out to regulate the staff’s behaviors and make sure all the subsides can get the funds. Furthermore, 208.9 million yuan was paid in advance by Chenzhou Municipal Bureau of Finance before the central and provincial funds arrived at the bureau’s account to ensure the work can be handled fluently.

According to the data, due to the home appliances project, 1.1734 million home appliances, 11.200 autos and 111.900 motorcycles with subsides amount of 346 million yuan, 68.11 million yuan and 92.04 million yuan separately were settled in Chenzhou city. Per the home appliances, fridge, television and washing machines were the top three hottest items pursued by people.