In 2026, the 250 billion yuan in ultra-long-term special government bonds supporting trade-ins of consumer goods have been fully allocated.

Title context: In 2026, the 250 billion yuan in ultra-long-term special government bonds supporting trade-ins of consumer goods have been fully allocated. Text: Recently, the National Development and Reform Commission, together with the Ministry of Finance, allocated to local governments the fourth batch of 62.5 billion yuan in ultra-long-term special government bonds for this year to support trade-ins of consumer goods. With this, the full 250 billion yuan for consumer goods trade-ins for the year has been fully allocated. Since the beginning of this year, relevant departments have conscientiously implemented the decisions and arrangements of the Party Central Committee and the State Council, optimized the scope of support, subsidy standards, and implementation methods for consumer goods trade-ins, guided local governments in solidly implementing the policy, and promoted positive results in the consumer goods trade-in policy. From January to August, sales of goods related to trade-ins reached 1.55 trillion yuan, with subsidies benefiting 208 million person-times. Among these, 5.353 million automobiles were traded in, 91.458 million units of six categories of home appliances were traded in, and 108 million digital and smart products were purchased new. Driven by the consumer goods trade-in policy, retail sales of communication equipment, high energy-efficiency home appliances, and wearable smart devices have maintained rapid growth, and the share of new energy passenger vehicles in new passenger vehicle retail sales has exceeded 60% for five consecutive months. Next, relevant departments will continue to guide local governments in reasonably grasping the pace of work, optimizing fund use plans, conducting subsidy reviews and payments in a standardized and efficient manner, severely cracking down on illegal and non-compliant acts such as fraudulent and duplicate subsidy claims, and effectively leveraging the effectiveness of the consumer goods trade-in policy. This article is reprinted from the "National Development and Reform Commission" official account. GMTEight editor: Jiang Yuanhua.