The State Council recently issued the Action Plan for Promoting Large scale Equipment Renewal and Consumer Goods Exchange. At the routine policy briefing held by the State Council Information Office on the 11th, relevant department heads introduced new measures for implementing the plan. Introducing specific field plans to enhance the level of recycling involves various aspects of economic and social development. Zhao Chenxin, Deputy Director of the National Development and Reform Commission, introduced that the National Development and Reform Commission has established a working mechanism with relevant departments to enhance overall coordination, enhance inter departmental collaboration, and strengthen central local linkage. The first working mechanism promotion meeting has been held. In addition, Zhao Chenxin stated that a "1+N" policy system has been deployed: "1" refers to the action plan recently issued by the State Council, and "N" refers to specific implementation plans in various fields. At present, the plan led by the Ministry of Industry and Information Technology, the Ministry of Housing and Urban Rural Development, and the State Administration for Market Regulation has been officially launched, and the document on exchanging old for new consumer goods led by the Ministry of Commerce is about to be officially released. The action plan for energy conservation and carbon reduction in key industries, as well as the implementation plan for transportation, education, cultural tourism, medical and other fields, are all being formulated and issued, and the key tasks will be further refined and clarified. Regarding the waste equipment and consumer goods brought about by the action, Zhao Chenxin said that he will improve the level of recycling through smooth recycling channels, support the circulation and trading of second-hand goods, and improve the level of resource utilization. He aims to promote the addition of 2000 standardized and standardized recycling stations in large and medium-sized cities across the country throughout the year, including 1000 supply and marketing systems, the construction of 200 green sorting centers, and the construction of a batch of deep processing industrial clusters for renewable resources such as scrap steel and non-ferrous metals. The output value of the resource recycling industry is expected to exceed 4 trillion yuan this year. Strengthening investment in equipment updates to support the replacement of automobiles and household appliances requires a significant amount of capital investment for enterprises. Fu Jinling, Director of the Economic Construction Department of the Ministry of Finance, stated that the central government will strengthen the coordination of funding policies, continue to implement subsidy policies for the scrapping and renewal of agricultural machinery, and support the renewal of high emission old operating diesel trucks, old operating ships, and other vehicles; Improve tax support policies and increase tax incentives for energy and water conservation, environmental protection, and specialized equipment for safety production; Improve government green procurement policies and accelerate industrial green transformation and upgrading; Strengthen the linkage between fiscal and financial policies, and guide financial institutions to increase their loans for equipment updates and technological upgrades of key areas of enterprises. In terms of supporting the trade in of consumer goods, Fu Jinling said that the central government will focus on supporting the promotion of car trade in, adhere to the linkage between the central and local governments, and allocate subsidy funds proportionally between the central and local governments; The central government will also arrange funds to support the launch of pilot projects to supplement the shortcomings of county-level charging and swapping facilities; Encourage areas with conditions to coordinate the promotion of the trade in of durable consumer goods such as household appliances. The central government will support the construction of modern commercial circulation system pilot cities through service industry development funds, and support the improvement of green recycling systems for household appliances. Implementing Four Actions in the Industrial Sector and Ten Tasks in the Construction Sector. In order to better promote equipment updates in the industrial sector, Vice Minister of Industry and Information Technology, Shan Zhongde, said that he will focus on key industries such as petrochemicals, steel, and non-ferrous metals, and carry out advanced equipment updates, digital transformation, and green equipment