[Nine Departments Release Activity Plan: Increase in Consumer Goods Trade-In Subsidies During Chinese New Year]

Published: Feb 2, 2026 15:53
The Ministry of Commerce and nine other departments have issued the "2026 'Happy Spring Shopping' Chinese New Year Special Activity Plan." The plan proposes encouraging localities to increase the number of trade-in subsidies for consumer goods during the Chinese New Year period, enhance support for offline physical retail, mobilize enterprises to continue organizing exhibitions and sales activities related to automobiles, home appliances, digital and smart products during the holiday, guide businesses to set up product experience zones for smart terminals and other products, offer more discounts to in-store customers for trial experiences, strengthen policy interpretation and offline experiential consumption promotion, and foster a strong trade-in atmosphere.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn