The newly established business is going to subsidize homebuyers with all its revenues in the coming three years, according to a Caijing.

Previously, Cainiao and online shopping sites Taobao and Tmall had jointly set up a 1 billion yuan ($143 million) fund to subsidize supply chain and logistics.

Hello Global, which runs a string of commute solutions from shared bikes to ride-hailing services in China, has allocated 80 million yuan ($11.48 million) to subsidize its car-pooling business Hello Hitch during the upcoming Chinese New Year festival.

A State-owned jet fuel provider has earmarked more than 1 billion yuan ($142 million) to subsidize its business in the Tibet autonomous region since 2007, part of efforts to draw more airlines to the Qinghai-Tibet Plateau by offering affordable fuel.

The company has established partnerships with over 100 brands covering fields from food to consumer electronics to subsidize their sales with the aim of bringing more authentic and quality products to the country's less developed regions.

Lu Liangjun, deputy general manager of the marketing department of China Telecom, said the Beijing-based company aims to sell 50 million AI handsets in 2018, and it will subsidize smartphone vendors that make such tailor-made handsets.

It will also distribute virtual "red envelopes" containing cash to new followers, and budget 1 billion yuan ($151 million) in 2018 to subsidize those who avidly post answers on Wukong Q&A, a Quora-like knowledge sharing service, he added.

The circular demands formulating and implementing measures to subsidize the consumers and ease the difficulties facing small and micro enterprises.

The requirement will be relaxed under which local governments can subsidize enterprises with unemployment insurance funds to retrain workers.

Therefore, more fiscal policies should be rolled out to subsidize small business groups," he said.

Citing the government's solid steps to implement the existing policies and design and use new incremental policies, he said the government could consider the issuance of special treasury bonds to accelerate infrastructure investment, subsidize low-income groups and support local governments' fight against the pandemic.

Localities will be guided to subsidize the utility bills of micro, small and medium-sized enterprises and self-employed households.

Local governments should earmark special relief funds for MSMEs and self-employed households, to subsidize the rental costs, fees and loan interest of those in difficulty.

Luo Zhiheng, chief economist at Yuekai Securities, said it could be advisable to issue special treasury bonds to accelerate infrastructure investment and subsidize smaller businesses, low-income groups, and hard-hit sectors.

In addition to tax cuts, some local governments also decided to subsidize the purchase of catering robots.

However, the majority of developing countries have no entitlement to AMS and can only subsidize up to 10 percent of the product output value, Wang said.

Through special funds from the central budget, the country will reward and subsidize provinces where such firms enjoy wider and cheaper access to financing between 2021 to 2023, said the guideline issued by the Ministry of Finance and the Ministry of Industry and Information Technology.

Fiscal funds will also be used to subsidize the country's vaccination drive so that more Chinese residents can get free COVID-19 vaccines, said Liu.

The SOE-related government budget has been mainly used to resettle redundant workers, subsidize social security and public services.

China would do well to launch a 3 trillion yuan ($459.9 billion) plan to stimulate consumption and subsidize personal income, as a way to solve problems in the economy while underpinning people's livelihoods.

Some district-level government departments in Shenzhen, Guangdong province, have already started to subsidize SMEs for their consumption of computing power, which Qin said is "a highly correct move".

The campaign, which will continue until the end of this year, includes measures to subsidize consumer costs and ease the difficulties weighing on small and micro enterprises.

In the past three years, Sanya authorities have set up government funds to subsidize tourism companies and help stabilize the market, and have postponed, deducted or exempted their rents.

China's reliance on coal for heating in buildings has halved in the past five years while the government rolled out a series of initiatives to subsidize electric heating, according to data from IEA.

On Monday, Meishan, also in Sichuan, pledged to subsidize a maximum of 600 yuan per square meter for home purchases for talented residents, the city's official website announced.

The provincial government will subsidize hydrogen refueling stations with refueling capacity of over 500 kilograms per day, and build and put them into use before 2022 for between 1.5 million yuan and 2.5 million yuan ($227,000-$378,000) each, it said.

The civil aviation development fund will subsidize companies in the sector to invest in fixed assets for the control of the novel coronavirus disease (COVID-19), the administration said in a statement.

- East China's Jiangsu province launched a fund to subsidize loans to film projects affected by the novel coronavirus epidemic, according to the local authorities.

The fund totaling 10 million yuan (about $1.4 million) will be used to subsidize interest payments for bank loans issued to film-related projects from July 1, 2019, to June 30, 2020.

And a fund of 10 million yuan ($1.43 million) will be set up to subsidize lending costs.

He urged local departments to join hands in ensuring the smooth and fast operation of channels for fresh farm produce transport while encouraging authorities to introduce support policies for logistics and subsidize logistics firms and personnel.

The company said on Wednesday it would spend 1 billion yuan ($145 million) to subsidize users who download the app and perform a variety of tasks.

Jining has allocated a fund of 3 million yuan to subsidize breeding sow production for two years.

Particularly, the local government said it will spend 4.8 million yuan to subsidize small and medium-sized airports - with annual passenger throughput of less than 2 million - to alleviate their operational and financial pressures.

"The cruise owners have reduced trips to China since both ticket and onboard consumption failed to subsidize their costs," Qi said.

For example, to encourage breakthrough in key technological "bottleneck" problems, the capital pledges to subsidize up to 30 million yuan in areas such as robots' operating system, high-quality chips, key sensors based on companies' investment.

China started to subsidize its NEV sector in 2009.

Hainan plans to build 10,000 charging stations for electric vehicles this year and continue to subsidize the private purchase of NEVs.

The authorities will also subsidize car purchases for people upgrading from gasoline-powered vehicles with a national emission standard of three or below to speed up the phasing out process.

In March, Tesla's decision to adjust prices down also roused early buyers' anger, asking the company to subsidize the price difference or cooperate with them to return their cars.

It started to subsidize the sector in 2009 and 33.4 billion yuan had been earmarked by the end of 2015, according to statistics from the Ministry of Finance.

'Fear of China', secret desire to counter its rise in high-tech, behind moveThe US government's $280 billion plan to subsidize its domestic semiconductor manufacturing and fund science and technology innovation gives the lie to Washington's long-claimed stance of free market, and its goal of countering China's rise in the high-tech industry would be very difficult to achieve, experts said on Friday.

Bai Ming, deputy director of international market research at the Chinese Academy of International Trade and Economic Cooperation, said that the US has often accused China of "subsidizing" its domestic semiconductor industry, but now it sets aside such a big budget as well as tax breaks to subsidize its own chip sector.

Yet, the country has a long-standing pattern of relying on expensive residential land grants to subsidize the relatively cheaper grants of commercial and industrial land.

They will be used to purchase pesticides and other tools needed for the prevention and control of crop pests and diseases, the MOF said, adding that the funds will also help subsidize related operations and services.

Next year's magnitude of rate cuts should be stronger than this year's to boost consumption and investment while addressing the weakness of the property sector, Zhang said, adding that it is also advisable to subsidize low-income residents' homebuying activities by providing interest rate discounts.

The ministry added that funds to subsidize basic pension insurance and employment, as well as those aiming to boost the development of inclusive finance, have also been allocated.

On the fiscal front, it is sensible to subsidize low-income groups with cash, which can help stabilize their income levels and boost their consumption capacity, said Cai Fang, chief researcher of the National High-End Think Tank at the Chinese Academy of Social Sciences.

The central government will subsidize over 82 percent of the refunds of newly added VAT credits borne by local governments on average, and weigh its fiscal support toward the central and western regions.

China's Ministry of Finance has allocated 57.4 billion yuan ($8.88 billion) to subsidize local water conservancy projects in 2021, up 3.1 percent from the previous year.

It received 12.57 million yuan ($1.81 million) from the local government to subsidize workers who had to suspend production during the pandemic and lost their wages.

Another 2 billion yuan was allocated to subsidize their health insurance and 600 million yuan in funds was distributed to offset rising food prices during the same period, Gui said.

The central government will increase funds to subsidize medical employees who have close contact with people infected with the novel coronavirus, providing 300 yuan ($43.25) per person each day, according to a circular jointly released by the Ministry of Finance and the National Health Commission on Thursday.