Officials from the National Development and Reform Commission answered questions from reporters regarding the Action Plan for Promoting Large scale Equipment Renewal and Consumer Goods Exchange

2024-03-14

The Action Plan for Promoting Large scale Equipment Renewal and Trade in Consumer Goods, issued by the State Council, was released to the public on the 13th. What is the significance of the action plan? What are the key tasks? How to ensure the effective implementation of action plans? The relevant person in charge of the National Development and Reform Commission answered the reporter's question. Q: What is the background and significance of the implementation of the action plan? Answer: The Central Committee of the Communist Party of China and the State Council have focused on the overall situation of high-quality development and made major deployments to promote large-scale equipment updates and the exchange of old for new consumer goods. China is a manufacturing and populous country. In 2023, the investment scale of equipment in key areas such as industry and agriculture is about 4.9 trillion yuan. With the deepening of high-quality development, the demand for equipment updates will continue to expand, making it a huge market with an annual scale of over 5 trillion yuan. At the same time, by the end of 2023, the number of civilian vehicles in stock reached 336 million, and the number of household appliances such as refrigerators, washing machines, and air conditioners exceeded 3 billion. The upgrading and replacement of automobiles and household appliances can also create a market space of trillions of yuan. Promoting large-scale equipment updates and exchanging old for new consumer goods can continuously increase the proportion of advanced production capacity, allowing more high-quality and durable consumer goods to enter the lives of residents. This can not only promote consumption, drive investment, increase advanced production capacity, improve production efficiency, but also promote energy conservation, carbon reduction, and reduce safety hazards. It can be said that it benefits both enterprises and the people, achieving multiple benefits with one action. Q: What are the key tasks for large-scale equipment updates and the trade in of consumer goods? Answer: The action plan has made a comprehensive deployment to promote large-scale equipment updates and consumer goods trade in, with a focus on implementing four major actions: equipment updates, consumer goods trade in, recycling and reuse, and standard improvement. One is to implement equipment update actions. Focusing on seven major fields including industry, agriculture, construction, transportation, education, cultural tourism, and medical care, we will promote the updating and transformation of equipment in key industries, focusing on energy conservation and carbon reduction, ultra-low emissions, safety production, digital transformation, and intelligent upgrading. Combining the promotion of urban renewal and the renovation of old residential areas, we will classify and promote equipment updates in the fields of construction and municipal infrastructure, support the updating of transportation equipment and old agricultural machinery, promote the updating and upgrading of equipment in education, cultural tourism, medical and other fields, and drive the production and application of more advanced equipment. The second is to implement the action of exchanging old for new consumer goods. Carry out the trade in of durable consumer goods such as automobiles, household appliances, and home furnishings, promote the consumption of cars in a tiered and updated manner, organize and carry out nationwide car trade in promotions, and eliminate old cars that meet mandatory scrapping standards in accordance with laws and regulations. Smooth the updating of the consumption chain for household appliances, encourage and support consumers to exchange old appliances for energy-efficient ones. Through various means such as government support and corporate concessions, we support residents in upgrading their home decoration consumer goods, encourage enterprises to provide affordable products and services, and meet diverse consumer needs. The third is to implement recycling and reuse actions. Implement a comprehensive energy-saving strategy, improve the recycling network of waste products and equipment, accelerate the development of the "replacement+recycling" logistics system and new models, and enhance the convenience of recycling renewable resources. Support the circulation and trading of second-hand goods, strengthen credit supervision, and protect consumer rights. Orderly promote remanufacturing and cascading utilization, and encourage the implementation of remanufacturing of waste production equipment that meets the conditions. push

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