CCTV News (News Network): The latest data shows that since the implementation of the policy of exchanging old-for-new consumer goods and equipment updates, it has played an important role in boosting consumer demand and expanding effective investment.
In 2024, the retail sales of electrical appliances and audio-visual equipment in my country increased by 12.3% year-on-year, breaking the trillion yuan mark for the first time; more than 6.8 million vehicles were scrapped and replaced and updated nationwide, driving car sales of more than 930 billion yuan, further stimulating consumption vitality.
In 2024, my country's investment in equipment and equipment purchases increased by 15.7% year-on-year, 9.1 percentage points faster than the previous year. It is estimated that driven by the "two new" policies, the total number of equipment updates in key areas exceeds 20 million units (sets), which effectively drives investment in related fields.
At the same time, the effect of promoting industrial upgrading is obvious. In 2024, the added value of equipment manufacturing industry increased by 7.7% year-on-year, and the proportion of added value of large-scale industries increased to 34.6%.
In addition, the effect of supporting green transformation is obvious. The high-efficiency home appliances replaced in 2024 will promote the whole society to save more than 10 billion kilowatt-hours of electricity per year. Overall, the carbon dioxide emission reduction caused by the implementation of the "two new" policies in 2024 will be about 73 million tons.
As the efforts to expand the "two new" policies in 2025, local governments across the country are currently further refining the implementation of standards, optimizing the subsidy process, and making cross-year policy connections.
