The National Development and Reform Commission and the Ministry of Finance said on the 25th that they would arrange about 300 billion yuan of super long-term special treasury bond funds to strengthen support for large-scale equipment renewal and consumer goods trade in. The direct benefit brought by this is that the subsidy intensity for some key areas has been significantly increased. How strong is the new policy support this time? Which fields can enjoy real money discounts? Can subsidies that have already been received be 'compensated for the price difference'? Zhao Chenxin, Deputy Director of the National Development and Reform Commission, introduced at the press conference that the content related to "strengthening support" can be summarized as "three significant increases". Firstly, significantly expand the scope of support. In terms of equipment renewal, on the basis of equipment renewal and recycling in the original seven fields, the scope of ultra long term special treasury bond support will be extended to equipment renewal in energy and power, old elevators and other fields, as well as energy conservation, carbon reduction and safety transformation in key industries. In the aspect of replacing old consumer goods with new ones, the replacement and renewal of personal consumers' passenger cars, the replacement and renewal of household appliances and electric bicycles, the purchase of goods and materials for the renovation of old houses, kitchen and bathroom renovation, and the aging renovation of homes will be included in the scope of ultra long term special treasury bond fund support. Secondly, significantly optimize the organizational structure. In terms of equipment updates, nearly 150 billion yuan will be allocated. Fully consider the characteristics of different fields and types of projects, lower the threshold for fund application, and effectively support equipment updates and technological transformations with small individual scales but large quantities and wide coverage. In terms of the trade in of consumer goods, about 150 billion yuan of ultra long term special treasury bond funds were directly allocated to local governments to support local governments to independently implement the trade in of consumer goods. Unlike traditional support methods such as investment subsidies, this time funds are directly allocated to local governments, giving them greater autonomy. While meeting the overall requirements of the "two new" policy, local creativity is fully utilized, which is conducive to quickly and conveniently delivering real money and silver discounts directly to consumers. Thirdly, significantly increase the subsidy standards. For example, for the scrapping and renewal of eligible cars, the subsidy standards will be increased from the previous subsidy of 10000 yuan for purchasing new energy passenger cars and 7000 yuan for purchasing fuel passenger cars to 20000 yuan and 15000 yuan, respectively, doubling or more. For individual consumers who purchase 8 types of household appliances such as refrigerators, washing machines, televisions, and air conditioners with energy efficiency or water efficiency standards of level 2 or above, a subsidy of 15% of the product sales price will be given; An additional 5% subsidy will be given for purchasing products with energy efficiency or water efficiency standards of level 1 or above. The implementation of the car scrapping subsidy retroactively increases the car scrapping renewal subsidy through the measures introduced in the past. Can consumers who have previously applied for car scrapping and renewal subsidies "pay the price difference"? Xu Xingfeng, Director of the Consumer Promotion Department of the Ministry of Commerce, responded that the subsidy implementation is retroactive. Consumers who submit eligible subsidy applications starting from April 24th, the date of issuance of the "Implementation Rules for Automobile Trade in Subsidies", shall be subject to the adjusted subsidy standards; For consumers who have already received subsidies, make up the difference in subsidies. The subsidy distribution time will also be compressed. Xu Xingfeng stated that he will further improve the functions of the car trade in information platform, work with the Ministry of Finance to optimize the subsidy application review and fund disbursement supervision process, shorten the time for fund disbursement, and strive to enable the public to receive subsidies as soon as possible. He revealed that as of noon on the 25th, the car trade in information platform has received 364000 applications for car scrapping and renewal subsidies. In the first half of the year, the national scrapped car recycling volume was 2.778 million, a year-on-year increase of 27.6%. Especially after the implementation of the subsidy policy for car scrapping updates, the amount of car scrapping has grown rapidly. In May, the national scrap car recycling volume increased by 55.6% year-on-year, and in June, the year-on-year growth reached 72.9%, fully reflecting consumers' recognition and support for the policy. In addition to the enhanced support for cars and household appliances, the extra long term special treasury bond fund support also covers the renovation of old houses, local renovation of kitchens and bathrooms, aging renovation of homes, promotion of smart home consumption and other household decoration, kitchen and bathrooms, as well as the renewal of electric bicycles. Beijing, Fujian, Guangdong, Hubei and other places have provided trade in subsidies for home decoration kitchen and bathroom products and smart homes. Xu Xingfeng stated that the authorities will summarize the experience, practices, and innovative measures of revitalizing home decoration kitchens and bathrooms in various regions in the early stage, promote typical cases and excellent practices, guide localities to combine local conditions, and reasonably determine the scope of implementation and subsidy standards. He stated that last year, the Ministry of Commerce took the lead in issuing several measures to promote home consumption, mainly focusing on three types of products: green, intelligent, and age friendly. This time, the home decoration kitchen and bathroom will be revitalized. Various regions can focus on the above three types of products, creatively introduce specific measures, and actively promote green and energy-saving products such as showerheads, water purifiers, dishwashers, etc. with water efficiency above level two; Intelligent upgraded products such as robotic vacuum cleaners, smart toilets, and smart door locks; Home aging products such as health monitoring and assistive devices. The exchange of old and new electric bicycles has also attracted much attention. Xu Xingfeng said that the government will include the trade in of electric bicycles in the "2024 Consumer Promotion Year" work arrangement, organize qualified products from compliant electric bicycle production enterprises to participate in the trade in activity, and strengthen supply and demand docking. At the same time, increase support for the benefit of the people. We will guide all localities to make overall use of super long term special treasury bond funds, and give subsidies to consumers who scrap old electric bicycles and purchase new electric bicycles that meet the requirements. Encourage electric bicycle production and sales enterprises to jointly carry out trade in programs and provide consumers with additional discounts. (New Society)