Beijing's policy of exchanging old items for new ones continues to be implemented, driving sales of approximately 5 billion yuan.
Sina Finance News on March 31st, in 2026, the consumer goods trade-in subsidy in Beijing continues to release consumer buying power. This year, the cumulative sales of subsidized products has exceeded 1.3 million items, driving sales of approximately 5 billion yuan. Citizens can obtain subsidy qualifications through the "Jingtong" mini program, and can enjoy up to 15% subsidy when purchasing household appliances, phones, tablets and other products. Currently, nearly 7,000 stores and over 1,300 merchants in Beijing have participated, making it more convenient for affordable products to enter into the lives of citizens.
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