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Ministry of Commerce: The implementation of the policy of ex-new consumer goods has driven consumption by more than 720 billion yuan in total
2025-05-14 source:CCTV.com

CCTV News: On April 28, the State Council Information Office held a press conference on policies and measures to stabilize employment, stabilize the economy and promote high-quality development. Sheng Qiuping, Vice Minister of Commerce, introduced at the meeting that as of April 27, the implementation of the policy of ex-new consumer goods has driven consumption by more than 720 billion yuan. Since the implementation of the policy, a large number of foreign trade and foreign-invested enterprises have received policy support. Smart, green, healthy and fashionable new consumer products have entered thousands of households. At present, more than 120 million people have enjoyed real money subsidy discounts.

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