The State Council issued the "Action Plan to Promote Large-Scale Equipment Updating and Trade-in of Consumer Goods" Wu Sa, deputy director of the Economic Research Institute of the China Academy of Macroeconomics; and Yi Shaohua, director of Market Circulation and Consumption Research Office of the Institute of Financial Strategy, Chinese Academy of Social Sciences, share their concerns. What about equipment updates? How to trade-in an old one for a new one? What pain points do many consumers face when they "replace old appliances and furniture with new ones"?