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On July 9, the provincial government held a press conference (the second session) on large-scale equipment renewal and consumer goods trade-in, introducing the large-scale equipment renewal and consumer goods trade-in. The press conference was presided over by Liu Shihu, deputy secretary-general of the provincial government and director of the research office of the provincial government. The Provincial Department of Industry and Information Technology, the Provincial Department of Commerce, the Provincial Department of Housing and Urban-Rural Development, the Provincial Department of Agriculture and Rural Affairs, the Provincial Department of Education, the Provincial Department of Culture and Tourism, and the Provincial Health Commission respectively released and interpreted the implementation plans in related fields and answered questions from reporters.
At the press conference, Wu Haiyun, deputy director of the Provincial Department of Commerce, released the relevant content of the “Jiangsu Province Action Plan for Promoting the Trade-in of Consumer Goods”, focusing on the promotion of the “2024 Green Energy-saving Household Appliances to Promote Consumption Trade-in Special Activities”, and answered questions from reporters around the trade-in situation of automobiles.
There are three main characteristics of the trade-in work of consumer goods in our province: First, highlight the “three key points”. Closely combined with the four seasons theme of “Suxin Consumption” to promote consumption, focusing on the three key areas of automobiles, home appliances, home decoration, kitchen and bathroom, and promoting the “energy” of automobiles, “intelligence” of household appliances, and “renewal” of home decoration, kitchen and bathroom. The second is to adhere to the “four linkages”. Coordinate the policies and measures at the national, provincial, and districted levels, adhere to the coordinated linkage of “production, supply and marketing, upstream and downstream, government, bank and enterprise, and online and offline”, and gradually form an effective mechanism of “it is easier to remove the old and more willing to replace the new”. The third is to strengthen the “five guarantees”. Strengthen organizational leadership, the Provincial Department of Commerce, in conjunction with the Provincial Development and Reform Commission and other 19 departments (units) to establish a work coordination mechanism. Strengthen standard support and encourage enterprises to participate in the “leader” activities of enterprise standards in key national areas. Strengthen the guarantee of factors and increase the support for the use of land for recycling enterprises. Strengthen the promotion of activities, coordinate the series of activities of “Suzhou New Consumption” and the trade-in of consumer goods. Strengthen publicity and supervision, track and judge the effectiveness of policy implementation.
Since the release of the “Action Plan”, the province’s business system, relevant industry associations and various enterprises have taken active actions and carefully planned, and the province’s consumer goods have achieved initial results in trade-in. Car trade-in aspect. From January to May this year, the province’s cumulative sales of motor vehicles were 684,200, of which 307,600 were new energy vehicles, with a penetration rate of 45%. As of June 30, a total of 8,324 applications for scrapping and renewal of automobiles in the province have been approved, and 3,738 have been approved, of which 63% have scrapped old cars and purchased new energy vehicles; 157,000 scrapped vehicles were recycled, a year-on-year increase of 49.7%. Suzhou City has invested 100 million yuan in the budget fund for car trade-in, and gives consumers consumption red envelope subsidies for scrapping and renewing cars. As of the end of June, 10,570 cars were sold for trade-in, with sales of 1.94 billion yuan. Trade-in aspects of home appliances. From January to May this year, the retail sales of household appliances and audio-visual equipment above designated size in the province reached 44.84 billion yuan, a year-on-year increase of 14.2%, 8.7 percentage points higher than the growth rate of total retail sales of consumer goods. By the end of June, 2.376 million waste household appliances had been recycled in the province. Nantong City will carry out a series of activities to promote the 2024 summer “Hui” season and consumer goods trade-in, and launch a 50 million yuan trade-in joint profit. As of the end of June, 100,000 green and energy-saving household appliances were sold, with the trade-in ratio exceeding 25%, and the cumulative consumption of household appliances was 220 million yuan. Home decoration, kitchen and bathroom “renewal” aspects. From January to May this year, the retail sales of construction and decoration materials above designated size in the province were 14.09 billion yuan, a year-on-year increase of 9.6%. Nanjing City has carried out the “beautiful renewal” consumption promotion activity, and plans to focus on daily necessities, quality upgrades, replacement and purchase of new ones, maintenance services in 145 brand property management communities, institutions, enterprises and institutes, and organize enterprises to provide free consultation, design, measurement and other services, stimulate the demand for “renewal” and activate the atmosphere of “renewal”. By the end of June, 95 activities had been carried out, and more than 20,000 households had benefited from convenient services.
Focusing on the “2024 Green Energy-saving Household Appliances to Promote Consumption and Trade-in Special Activities”, Wu Haiyun focused on three aspects: First, the time and funding arrangements of the event. The special activity will be carried out from the end of July to the end of December 2024, and will end early if the subsidy amount is used up. The provincial subsidy budget is 300 million yuan. The second is the category of household appliances that enjoy subsidies. It mainly includes 16 types of green energy-saving household appliances such as televisions, refrigerators, washing machines, dishwashers, and water purifiers with China Energy Efficiency Label and China Water Efficiency Label of Level 1 and Level 2 respectively. The third is the subsidy object and subsidy standard. Consumers purchase household appliances within the scope of the subsidy in the offline stores of the participating household appliance sales enterprises in the province, complete the payment through the payment and settlement platform, and give a subsidy of 10% of the transaction price.
