CCTV News (News Network): The "two new" policies have been strengthened and expanded, and localities have taken multiple measures to boost and expand consumption and stimulate market vitality.
Recently, Shanghai has expanded the scope of automobile replacement and renewal subsidy to old cars with foreign license plates, supporting more consumers to participate in replacement and renewal.

Continue to expand the scope of support for automobile trade-in policy. Jilin Province has not only lifted restrictions on the registration and transaction locations of old cars, but also did not restrict the registration locations of new cars. Since the beginning of this year, Jilin Province has traded more than 50,000 old cars in exchange for new cars.
Hubei Province continues to increase vehicle replacement discounts through cooperation with finance, enterprises and other aspects, further reduces loan interest rates, provides insurance gifts, and superimposes on car company discounts. In the first quarter, the province traded for 65,000 vehicles, and sales of new energy vehicles increased by more than 40% year-on-year.
As the efforts to expand the "two new" policies, localities have also introduced targeted policy measures to continuously optimize the consumption experience.

Zhuhai, Guangdong has expanded the policy coverage to Hong Kong and Macao residents and foreigners. By using a "return permit" or passport, you can easily receive old-for-new subsidies. As of April 20 this year, Hong Kong and Macao residents and foreigners shared subsidies of more than 8,400 units of home appliances and 3C digital products, driving consumption of more than 33 million yuan.
This year, Chongqing has set up exhibition and sales tents through township large markets and combined with enterprises to build a "two-level service point + mobile service team" model, realizing one-stop service for old-for-new transactions, allowing rural residents to participate in home appliance replacement activities more conveniently.

It is spring plowing. Gansu has expanded the scope of agricultural machinery replacement and updates this year from 15 to 27, and has implemented dedicated home recycling of old agricultural machinery. Farmers can quickly apply for subsidies through the province's unified APP.
