The National Development and Reform Commission issued the second batch of 81 billion yuan in ultra-long-term special national bond funds this year to continue to strongly support the replacement of old consumer goods with new ones.

Since the beginning of this year, the demand for old-for-new consumer goods nationwide has been very strong, and the proportion of subsidy funds in most regions has reached a high level. Recently, the National Development and Reform Commission has issued a notice to timely allocate the second batch of 81 billion yuan of ultra-long-term special national bond funds to local governments in conjunction with the Ministry of Finance to continue to strongly support the old-for-new consumer goods program. Next, the National Development and Reform Commission will fully leverage the "two new" inter-ministerial coordination mechanism, strengthen overall coordination and tracking, urge local governments and relevant departments to accelerate the review and payment of allocated funds, effectively reduce the pressure on companies to fund in advance, ensure that real discounts reach consumers, and promote the old-for-new consumer goods policy to achieve greater results.