Commerce Department: Digital and smart products become a new hot spot for consumer upgrades.

According to the data from the Ministry of Commerce's national old-for-new trade-in, digital and smart product purchasing information system, as of April 16, the purchase of digital and smart products reached 42.433 million, a year-on-year increase of 31.7%; sales reached 126.153 billion yuan, a year-on-year increase of 36.4%. Among them, mobile phone sales accounted for more than 80%, showing a trend of "expansion of middle and high-end, optimization of consumption structure". This year, subsidies for purchasing new digital products such as mobile phones have been improved and expanded to cover smart glasses for the first time, driving fast growth in retail sales of communication equipment. As of mid-April, 16 domestic brands of smart glasses have participated in the purchase of new subsidies policy, driving a year-on-year increase of 42.4% and 46.8% in sales volume and sales value of key enterprises, respectively, becoming a hot spot for old-for-new consumer goods trade-in and effectively promoting the development of new tracks, new industries, and new quality productivity.