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Subsidy policies are strengthening to expand the scope of the "Old-for-new" consumer market heats up
2025-05-15 source:CCTV.com

CCTV News: The May Day holiday is approaching, and the reporter visited Zhengzhou, Henan and found that many consumers are rushing to purchase new cars and new home appliances before the holiday.

In a home appliance hypermarket in Zhengzhou, Henan, the number of consumers who come to purchase air conditioners, refrigerators and other home appliances has increased significantly. With the expansion of the old-for-new subsidy policy, consumers can enjoy a maximum subsidy of 20% in terms of home appliances, with a maximum subsidy of 2,000 yuan per piece. At the same time, merchants have also launched subsidy coupons online, which can be used in combination with the country.

Subsequently, the reporter saw in many car sales stores in Zhengzhou that consumers came to consult and see cars. According to the latest regulations, Henan has a subsidy of 20,000 yuan for scrapping old cars and purchasing new energy passenger cars, and a subsidy of 15,000 yuan for purchasing fuel vehicles; the maximum subsidy of 15,000 yuan for replacing and renewing new energy vehicles, and the maximum subsidy of 13,000 yuan for purchasing fuel vehicles. The head of an automobile store told reporters that driven by subsidy policies, their sales in April increased by about 40% compared with the same period.

The reporter learned from the Zhengzhou Municipal Bureau of Commerce that as of April 27, Zhengzhou's home appliance digital products had sold 18,900 units with sales of 60.44441 million yuan; 40,993 vehicles were replaced and updated, driving consumption of 7.215 billion yuan.

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