The new round of trade-in policies in Zhejiang has benefited more than 12 million people.

Reporters learned from a press conference on April 30th that as of April 29th, the new round of consumer goods replacement policy in the province has benefited over 12 million consumers, with a total subsidy fund of 9.4 billion yuan issued. This has significantly boosted the consumption in areas such as new energy vehicles and smart home appliances, becoming a new engine for promoting the development of green and intelligent industries. Zhujun, Chief Economist of the Zhejiang Provincial Department of Commerce, stated that this round of policy not only expands the subsidy coverage, raises subsidy standards, and increases the participation of business entities, but also focuses on optimizing service processes that address the concerns of the public.