Leverage the new model of “replacement + recycling” to tap the potential of exchanging old items for new ones to promote consumption. China produces an average of more than 400 million used mobile phones every year.

Data shows that in 2022, my country's mobile phone production will be 1.56 billion units, and the overall mobile phone shipments in the domestic market will reach 272 million units. In recent years, a number of online second-hand trading and recycling platforms have emerged in China. They have played an important role in promoting commodity circulation, gradient consumption and trade-in of old products.