With　the　new　round　of　scientific　and　technological　revolution　and　industrial　transformation,　China　has　posited　the　direction　of　“new　infrastructure”　in　2020.　As　one　of　the　seven　major　industries　of　the　“new　infrastructure”,　the　charging　infrastructure　(CI)　industry　not　only　supports　the　upgrade　of　the　new　energy　vehicle　industry　but　also　provides　developing　platforms　for　emerging　industries,　such　as　wireless　charging,　energy　storage,　smart　microgrid,　and　new　energy　consumption.　Therefore,　the　government＇s　supporting　role　is　crucial　for　the　CI　industry.　To　effectively　explore　the　effectiveness　of　government＇s　subsidy　policy　in　the　CI　industry　and　promote　its　healthy　development,　we　employed　a　game　model　and　discussed　the　government＇s　evolution　process　of　different　game　strategies　between　CI　and　battery-swapping　station　(BSS)　operators　in　this　study.　First,　China＇s　government　subsidies　for　the　electric　vehicle　(EV)　industry　were　classified　into　CIs　and　BSSs.　The　subsidies　obtained　by　the　CI　operators　were　operating　subsidies,　whereas　those　obtained　by　BSSs　were　investment　subsidies.　Second,　a　game　model　was　constructed,　involving　the　government,　operators,　and　users.　The　model　used　backward　induction　to　seek　the　refined　Nash　equilibrium　solution　for　CIs　and　BSS　operators.　The　Nash　equilibrium　solution　indicated　that　the　optimal　investment　amount　and　BSS　quantity　of　the　operator　were　positively　correlated　with　the　government　subsidy　intensity.　When　the　profitability　of　the　operators　increased　and　the　amount　of　the　subsidies　increased,　consumers’　willingness　to　use　EVs　increased　and　the　policy　effects　were　closely　related　to　the　benefits　of　government　management.　The　decisions　made　by　either　the　users　or　the　operators　were　inversely　related　to　the　operators’　management　efficiency.　Besides,　the　subsidy　policy　was　affected　by　the　government　management.　Therefore,　in　the　implementation　stage　of　the　government＇s　future　subsidy　policies,　the　government　needs　to　innovate　and　improve　management　effectiveness.　The　government　could　use　subsidy　policies　as　a　driving　force　for　developing　the　CI　industry　to　build　a　comprehensive　ecosystem　of　the　industry,　which　is　also　the　next　key　point　for　the　government　to　promote　the　development　of　the　CI　industry　in　the　future.　©　2022　The　Authors