A few days ago, the state has strengthened its support for large-scale equipment renewal and trade-in of consumer goods, which not only expands the scope and category of trade-in of consumer goods, but also increases subsidies. The new round of trade-in has been optimized and upgraded mainly from three aspects. What's new?
A new round of trade-in support policies has been optimized and upgraded from three aspects. First of all, the scope of products supported by the policy has been significantly expanded, from the original home appliances and automobiles to different fields such as kitchen upgrading and home renovation for the elderly. Products such as gas stoves and range hoods are included in the scope of subsidies this time to better meet the diversified consumption needs of consumers.
Second, the current policy has greatly optimized the organizational method. In terms of the trade-in of consumer goods, about 150 billion yuan of ultra-long-term special treasury bonds will be directly arranged to the local governments to support the local governments in independently implementing the trade-in of consumer goods.
Zou Yunhan, deputy director of the Macroeconomic Research Office of the State Information Center of the National Development and Reform Commission: Now the central government has directly issued 150 billion yuan of ultra-long-term special treasury bonds to the local governments, allowing local governments to make their own arrangements in light of the actual local conditions, giving the local governments greater autonomy, and at the same time, the ratio of fund allocation between the central and local governments has changed from 6:4 to 9:1, which has also better stimulated the initiative and enthusiasm of local governments in implementing this policy.
In addition, in terms of subsidies, the policy has also been significantly improved. For example, in terms of trade-in of household appliances, consumers will be given a subsidy of 15% of the sales price of the products for the purchase of refrigerators, washing machines, televisions, air conditioners, computers, water heaters, household stoves, range hoods and other 8 types of products with energy efficiency and water efficiency standards above level 2, and 20% of the sales price of the products will be given to the purchase of products with level 1 energy efficiency and water efficiency standards.
Zou Yunhan, deputy director of the Macroeconomic Research Office of the National Information Center of the National Development and Reform Commission: This round of support policies can actually drive consumers who originally had purchase plans to consume with more preferential subsidy discounts, and at the same time, they will also convert a considerable proportion of potential consumers, together with other policies to promote consumption, to form a policy synergy, which can provide more abundant impetus for this year's consumption growth. (CCTV Finance)
Source: CCTV Finance