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Last year, the old-for-new transactions drove home appliance consumption by 270 billion yuan
2025-04-26 source:CCTV News

The reporter learned from the Ministry of Commerce that in 2024, the central government will step up its efforts to support the eight major categories of home appliances for new products to achieve sales of more than 62 million units, directly driving consumption of nearly 270 billion yuan.

At the same time, the old-for-new policy drives the double growth in recycling and dismantling. In 2024, the recycling of waste household appliances increased by 14.83% year-on-year, and the number of standardized dismantling of waste household appliances increased by 20% year-on-year.

(CCTV reporter Liu Ying and Song Wan)

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