This year, the third batch of funds for trading in old for new consumer goods totaling 69 billion yuan has been approved.

Wu Gai, Deputy Director of the Economic Construction Department of the Ministry of Finance, stated on the 25th that this year, the Ministry of Finance, together with the National Development and Reform Commission, has arranged 300 billion yuan of ultra-long-term special national debt funds to support the replacement of old consumer goods with new ones. Recently, the third batch of ultra-long-term special national debt funds totaling 69 billion yuan has been issued. He made the above statement at a press conference on the financial revenue and expenditure situation in the first half of 2025 held by the Ministry of Finance on the same day.