Continued efforts in many places to promote the "two new" policies to stimulate consumer activity.

Recently, many places nationwide have continued to strengthen the "two new" policies, using measures such as optimizing service processes and expanding subsidy ranges to stimulate consumption. For example, the General Office of the People's Government of Guangdong Province issued the "Special Action Plan to Boost Consumption in Guangdong Province," which proposes to support cities in combining industrial development with residents' consumption needs to explore a model of "financial subsidies + enterprise discounts + financial empowerment." This model provides subsidies for replacing durable consumer goods with new ones, continues to support car replacement and updates, expands the scope of support for scrapping and updating cars, and includes fuel-efficient vehicles that meet national IV emission standards in the subsidy range.