The General Office of the Jilin Provincial People's Government released the "Implementation Plan for the Special Action to Boost Consumption in Jilin Province" on April 22. It proposed that individual consumers who scrap eligible passenger vehicles and purchase new energy or fuel passenger vehicles that meet the vehicle purchase tax reduction policy will receive subsidies of RMB 20,000 and RMB 15,000, respectively.
The Guangdong Provincial Government held a Q1 economic situation analysis meeting, emphasising the need to continue efforts to stabilise the real estate market, strengthen the planning, design, and construction of good houses, and vigorously promote urban renewal and urban village renovation. The Guangdong Provincial Government held a Q1 economic situation analysis meeting, emphasising the need to introduce more incentive policies as soon as possible to actively solve difficulties for enterprises, stabilise the basic foreign trade situation, and actively promote the shift from export to domestic sales.
According to statistics released by the National Energy Administration on April 20, 2025, the national new PV installations from January to March 2025 were 59.71 GW (59.71 million kW), up 30.5 per cent Y-o-Y.
According to SMM statistics, on April 22, aluminium ingot inventories in Guangdong were 239,700 tonnes, in Wuxi were 225,400 tonnes, and in Gongyi were 88,100 tonnes, with total inventories in the three regions at 553,200 tonnes, up 400 tonnes from the previous day. Some suppliers held back cargoes due to bullish sentiment, and outflows from warehouses declined. Coupled with a slight increase in arrivals of northern cargoes this week, daily inventories in the three regions faced resistance to decline.
According to customs data, China's aluminium foil exports in March 2025 were 118,900 tonnes, up 22.3 per cent M-o-M but down 4.7 per cent Y-o-Y. Aluminium plate/sheet and strip exports in March 2025 were 268,800 tonnes, up 36.4 per cent M-o-M but down 3.3 per cent Y-o-Y. According to SMM statistics, aluminium billet inventories in Guangdong were 104,900 tonnes, and in Wuxi were 31,400 tonnes, with total inventories in the two regions at 136,300 tonnes, down 4,400 tonne M-o-M.
