In the first half of 2026, the effect of trading in old products for new ones was significant in consumer goods.

date
22/07/2026
Since 2026, the policy of replacing old products with new ones has continued to show effectiveness, effectively stimulating market vitality and driving consumption quality improvement. According to data from the Ministry of Commerce, in the first half of 2026, the policy of replacing old products with new ones led to a total sales of related goods of 1.1 trillion yuan, benefiting 150 million people. Among them, 3.707 million vehicles were replaced with new ones; 63.266 million household appliances were replaced with new ones; 79.098 million digital and smart products were purchased new; 19 regions implemented subsidies for autonomous product categories, driving sales of related goods by 992,000 units.