Shanghai consumer goods trade-ins orders surpass 11 million, will continue to be carried out across all categories.

On June 13, 2025, the launch event for the Shanghai Green Home Appliance New Product Promotion Season was held. According to data provided by the organizer, the Shanghai Electrical Appliances Business Industry Association, in 2025, Shanghai has deepened the policy of replacing old items with new ones, implementing a three-level subsidy system of "national subsidy + municipal subsidy + enterprise subsidy" and coordinating online and offline channels to promote the quality upgrade of consumer goods in the categories of home appliances, mobile phones, and home furnishings. So far, the number of related orders has exceeded 11 million, and the sales amount has exceeded 26 billion yuan. With the upcoming 618 promotion, the recent orders for home appliances and home furnishings have increased by 100% compared to before. Recently, many places in the country have temporarily suspended the application for subsidies for replacing old appliances or made adjustments to existing appliance subsidy activities. In response, Ge Sen stated that there are no plans to adjust the "old for new" policy for home appliances in Shanghai at present, and it will continue to be implemented for all categories, consistent with the original policy.