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"Old trade-in" stimulates new consumption vitality
2025-04-28 source:CCTV.com

CCTV News (News Network): With the continuous expansion of the "two new" policies, this Spring Festival, many consumers have purchased New Year's goods through "old for new" to stimulate new vitality in New Year's goods consumption.

The reporter found that as orders soared, the e-commerce warehouses have increased by 30% of manpower. The consumables used for packaging of air column bags, cartons and other consumables have also been supplied once a day to replenishing four or five times a day to meet the demand.

Sales platform data shows that in terms of order transaction volume, mobile phones, washing machines, refrigerators and other products are favored by consumers; since the twelfth lunar month, the search volume of "national subsidies" and "old for new" has exceeded 20 million times. Not only are online sales booming, offline stores have also ushered in a peak in customer flow.

In addition to category 3C products, newly included in the subsidy scope of dishwashers and other home appliances are also popular among consumers.

In Shijiazhuang, various home appliance stores have extended their business hours and improved after-sales service to meet consumer needs.

From New Year's Eve to the third day of the Chinese New Year, Hebei has issued a total of 17.92 million yuan in household appliances for old-for-new subsidies, driving the cumulative sales of 34,132 units.

In addition, the policy of ex-for-new automobile subsidy is continued to be implemented to continuously stimulate consumption vitality. The latest data from the Ministry of Commerce shows that as of the third day of the Lunar New Year, a total of 57,000 applications for car exchange and new scrapping and renewal subsidies have been received nationwide in 2025.

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