Li Qiang emphasized at the State Council's video conference on promoting large-scale equipment renewal and trade-in of consumer goods to promote economic transformation and upgrading and improve the quality of life of urban and rural residents. Ding Xuexiang presided over the meeting

　　CCTV News (News Network): On March 28, the State Council held a video conference to promote large-scale equipment updates and consumer goods trade-in. Li Qiang, member of the Standing Committee of the Political Bureau of the CPC Central Committee and Premier of the State Council, emphasized at the meeting that it is necessary to thoroughly study and implement the spirit of General Secretary Xi Jinping’s important instructions, conscientiously implement the spirit of the Central Economic Work Conference, the Fourth Meeting of the Central Financial and Economic Commission and the National Two Sessions, and solidly promote large-scale equipment updates and consumer goods are replaced with new ones, which effectively promotes economic transformation and upgrading and improves the quality of life of urban and rural residents.

　　Ding Xuexiang, member of the Standing Committee of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, presided over the meeting. Vice Premiers of the State Council He Lifeng and Zhang Guoqing, and State Councilor Wu Zhenglong attended the meeting.

　　Li Qiang pointed out that promoting a new round of large-scale equipment updates and replacing old consumer goods with new ones will benefit both the present and the long-term, stabilize growth and promote transformation, benefit both enterprises and people's livelihood, and has overall strategic significance. All regions and departments must effectively integrate their thoughts and actions into the decision-making and deployment of the Party Central Committee, adhere to market-oriented and government guidance, insist on encouraging the advanced and eliminating the backward, adhere to the guidance of standards and orderly improvement, respect the wishes of enterprises and consumers, and strengthen policies Support, focus on classified implementation, grasp priorities, and solidly promote the four major actions of equipment updating, consumer goods trade-in, recycling, and standard improvement, and strive to form endogenous power and scale effects for upgrading. It is necessary to carefully organize the implementation, strengthen overall coordination, strengthen policy publicity and interpretation, and implement it according to local conditions to ensure that large-scale equipment updates and consumer goods trade-in work achieve solid results.

　　Responsible comrades from the National Development and Reform Commission, the Ministry of Finance, the People's Bank of China, the Ministry of Industry and Information Technology, the Ministry of Housing and Urban-Rural Development, the Ministry of Commerce, the State Administration for Market Regulation and the Guangdong Provincial Government and the Sichuan Provincial Government spoke at the meeting.