MK sports900 yuan ($3,711) at an auto show in Fuzhou, East China's Fujian Province on June 10, 2024, the last day of the three-day Dragon Boat Festival holidays. The Ministry of Finance has provided 6.44 billion yuan in central subsidy funds for automobile trade-ins in 2024, China Media Group reported. Photo: VCG" src="https://www.globaltimes.cn/Portals/0/attachment/2024/2024-06-10/40f9d2d8-060e-4888-a1fb-7d7b118e212d.jpeg" />

People examine a car with an entry-level price of 26,900 yuan ($3,711) at an auto show in Fuzhou, East China's Fujian Province on June 10, 2024, the last day of the three-day Dragon Boat Festival holidays. The Ministry of Finance has provided 6.44 billion yuan in central subsidy funds for automobile trade-ins in 2024, China Media Group reported. Photo: VCG