The central government has deployed a new round of "replacing the old with the new" The fourth meeting of the Central Financial and Economic Commission held recently proposed to encourage and guide a new. round of large-scale equipment renewal and replacement of old consumer goods.
The move will effectively promote investment and consumption, which will benefit both the present and the long-term. The current round of trade-in activities is at the stage of escalating demand for durable goods, especially in rural areas, especially rural areas.