National Development and Reform Commission: Solidly promote the large-scale equipment updates and the exchange of old for new consumer goods.

According to the Securities Times app, on July 25, the National Development and Reform Commission issued a notification to thoroughly study and understand the important instructions and directives of General Secretary Xi Jinping, conscientiously implement the decisions and arrangements of the Party Central Committee and the State Council, do a solid job in the "two new" work, deeply promote the four major actions of equipment renewal, old-for-new exchange of consumer goods, recycling and reuse, and improvement of standards, in order to provide more powerful support for expanding effective investment, stimulating consumption vitality, accelerating green transformation, and ensuring social well-being.