Ministry of Commerce: Consumer goods trade-in promotion drives sales to exceed 1.25 trillion yuan.

At the press conference held by the State Council Information Office yesterday, the relevant person in charge of the Ministry of Commerce introduced that since the beginning of this year, the policy of replacing old products with new ones has stabilized the consumption market, with funds leveraged increasing from 1:7.8 last year to the current 1:10.3. As of yesterday, it has driven sales exceeding 1.25 trillion yuan, benefiting 169 million people, providing strong support for steady consumption growth.