A new round of trade in will promote a new market of trillions of consumers

Mondo Home Updated on 2024-03-04

On March 1, the executive meeting reviewed and adopted the "Action Plan for Promoting Large-scale Equipment Renewal and Consumer Goods Trade-in". This decision was made under the guidance of *** and based on the overall situation of China's high-quality development. In the past ten years, China has implemented actions such as home appliances going to the countryside, cars going to the countryside, and home appliances being exchanged for new ones, and this new action is a deepening and sublimation of this. So, what's new about the new round of "trade-in" policies? How to interpret the deeper meaning? And how do we get it going?

The novelty of the new policy lies in the changes in the scope of its implementation and standards. The subsidy has been increased and more explicit and precise, not only focusing on product quality and safety, but also incorporating elements such as green and low-carbon, intelligent and informatization. This shift reflects a deep insight into China's economic and social development.

The new policy also emphasizes standard guidance, and guides the industry to improve through standards such as energy consumption, emissions, and technology. This will not only help improve the overall level of the industry, but also promote the upgrading of the industrial chain and improve the quality of end products.

Sheng Chaoxun, director of the Strategic Policy Office of the China Macroeconomic Research Institute, believes that this policy aims to smooth the national economic cycle, expand the market by stimulating consumer demand, and accelerate the economic cycle. At the same time, it is also a major decision to promote high-quality development, aiming to adapt to the high-end, intelligent, green and digital trend of manufacturing.

In addition, the new policy will help cultivate new quality productivity, expand market capacity through equipment renewal and trade-in, and promote the competitive growth of new technologies. However, there are also challenges in implementation, such as the reuse of used mobile phones. Formal and dismantling are two treatment methods that aim to conserve resources, protect the environment and promote green, low-carbon and circular development.

The plan emphasizes the implementation of a comprehensive conservation strategy, accelerates the construction of the first-class utilization system, and promotes the remanufacturing of waste equipment and resource recycling. This requires greater efforts at the policy level to ensure that used equipment and consumer goods are effectively used** and used.

Li Zezheng, deputy director of the financing office of the Investment Research Institute of the China Macroeconomic Research Institute, proposed to strengthen the development of "new + ** logistics system and new models, and improve recycling efficiency." This requires continuous efforts in technological innovation and model innovation.

In the distribution of subsidies, it is necessary to ensure precision and fairness. The fourth meeting of the Finance and Economics Committee proposed that the financial and local governments should be linked, and all links of the whole chain should be supported as a whole, so as to benefit consumers more. This requires policy design to focus on fairness and inclusiveness.

Promoting the renewal of new large-scale equipment and the trade-in of consumer goods requires production, supply and marketing, upstream and downstream, government, enterprises and people, and online and offline collaborative linkage. This requires the joint efforts of enterprises, enterprises and all sectors of society to ensure the smooth implementation of the policy and promote the sustained and healthy development of China's economy.

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