Equipment updates? How to trade-in an old one for a new one?

　　News 1+1丨What’s new in equipment updates?

How to trade-in an old one for a new one?

　　On March 13, the State Council issued the "Action Plan to Promote Large-Scale Equipment Updating and Trade-in of Consumer Goods." The "Action Plan" clarified 20 key tasks in 5 aspects, clarifying that "by 2027, the scale of equipment investment in industry, agriculture, construction and other fields will be Goals such as an increase of more than 25% compared to 2023; the recycling volume of scrapped cars to approximately double that of 2023; and the recycling volume of used household appliances to increase by 30% compared to 2023.

How to understand the content of this action plan?

What role can it play?

How to implement it better?

"News 1+1" connected with Wu Sa, deputy director of the Economic Research Institute of the China Academy of Macroeconomics; and Yi Shaohua, director of the Market Circulation and Consumption Research Office of the Institute of Financial Strategy, Chinese Academy of Social Sciences, to share their concerns: What about equipment updates?

How to trade-in an old one for a new one?

　　Is large-scale equipment update a required or multiple-choice question for enterprises?

　　Wu Sa, deputy director of the Economic Research Institute of the China Academy of Macroeconomics: For companies, this is an optional question.

This large-scale equipment update is based on the voluntary behavior of enterprises.

In order to improve product quality and production efficiency and create competitive advantages, the company itself has been updating equipment.

The principle adhered to in this "Action Plan" is that the market should be the mainstay and the government should guide it.

Therefore, its implementation process mainly considers the voluntariness of enterprises, which fully reflects the decisive role of the market in allocating resources.

At the same time, this plan also focuses on giving full play to the role of the government, and the government must help.

By increasing fiscal, taxation, financial, investment and other policy support and guidance, the government can better mobilize the enthusiasm of all parties, form an effective mechanism that makes it easier to get rid of the old and more willing to replace it with the new, and achieve the goal of an effective market and a promising government. Positive interaction, so that the scale effect of this update can be better utilized.

　　How to attract enterprises to be more proactive in large-scale equipment updates?

　　Wu Sa, deputy director of the Economic Research Institute of the China Academy of Macroeconomics: The main subject of this equipment update is enterprises.

Our country is a big industrial country, and the assets of industrial enterprises above designated size in our country have exceeded 167 trillion yuan. Therefore, the demand for advanced equipment in our own industrial field continues to grow, but why is there still some congestion in this field?

The main reason is the lack of funds and policies, which has become a major blockage and difficulty that restricts enterprises from carrying out equipment upgrades.

This time the "Action Plan" focuses on how to solve the difficulties and blockages in enterprise equipment update, and makes a package of policy arrangements to provide guarantee for accelerating the update of the industrial field to create scale effects.

The first is to increase various package policies, including fiscal and taxation financial policy support, factor support, rational use of land and employment, and to actively carry out major technical and equipment scientific and technological research, accelerate the industrial application of innovation results, and strengthen scientific and technological support.

In addition, we must adhere to the linkage between central finance and local government, improve the working mechanism, strengthen overall coordination, assign responsibilities to departments, and improve supporting policies to create a good institutional environment and social atmosphere that promotes large-scale equipment renewal.

　　How can consumer goods be “removed and replaced more readily with new ones”?

　　In the "Action Plan to Promote Large-Scale Equipment Updates and Trade-in of Consumer Goods", in addition to equipment updates, the trade-in of consumer goods is equally important.

Take home appliances as an example. At the end of last year, the number of major home appliances such as refrigerators, washing machines, and air conditioners in my country exceeded 3 billion units.

So, what pain points and congestion points do many consumers face when they "replace old appliances and furniture with new ones"?

How to solve it?

Click on the video to learn more.

　　How to use the system to realize "it is easier to get rid of the old and more willing to replace it with the new"?

　　Yi Shaohua, director of the Market Circulation and Consumption Research Office of the Institute of Financial Strategy, Chinese Academy of Social Sciences: In terms of system design, for example, in the process of exchanging old items for new ones, the rules and procedures of transactions must be standardized, and the trading market must be better supervised, especially for second-hand goods. Transactions in the trading market better protect the legitimate rights and interests of consumers.

In this process, it also involves issues of how to replace and what to do.

How to replace it, this involves the process of replacing old products with new ones.

Now some merchants and manufacturers have carried out this kind of trade-in activity, but the problem now is that there are few channels and the coverage of outlets is relatively small.

When consumers want to trade in old ones for new ones, they face some difficulties when they want to get rid of the old ones.

In the current trade-in program, we not only propose trade-in, but also recycling.

Therefore, in this process, it is still necessary to better improve the relevant system design and better optimize the consumption environment.

Regarding the question of "what to do", what to do means how to buy new ones. As a merchant, how can we provide consumers with some extended services when selling new products to make consumers feel at ease? Consumption, thereby improving the quality of our consumption.

(CCTV News Client)