Shanghai's special action plan to boost consumption: intensify efforts to implement the trade-in program for consumer goods.

date
22/05/2025
The General Office of the Shanghai Municipal People's Government issued the "Shanghai Special Action Plan to Stimulate Consumption". It mentions increasing efforts to implement the trade-in program for consumer goods. Promoting automobile consumption, implementing the national automobile scrappage renewal subsidy and the city's automobile replacement renewal subsidy policies. Implementing the national household appliances trade-in subsidy policy, adding subsidies for the purchase of new digital products such as mobile phones, tablets, and smart watches, and increasing support for green home appliances and home furnishings consumption.