National Development and Reform Commission on New policies on consumption of cars, Home Appliances, etc.-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Nickel
  • Market commentary
  • Copper scrap
  • Copper
  • Aluminium
  • Steel
  • Inventory data
  • Nickel sulphate
  • Futures movement
  • Rare earth
  • Morning comments
  • Iron ore
  • Spot copper
  • Production data

National Development and Reform Commission on New policies on consumption of cars, Home Appliances, etc.

Translation 08:44:02PM Jun 17, 2019 Source:National Development and Reform Commission

SMM News: the National Development and Reform Commission held a press conference today, at which the National Development and Reform Commission said that according to the data just released by the National Bureau of Statistics, the total retail sales of social consumer goods accelerated significantly in May, with the total amount of social consumer goods rising 8.6 percent in May, 1.4 percentage points faster than last month. From January to May, the total retail sales of consumer goods reached 16.1 trillion yuan, an increase of 8.1 percent over the same period last year. The growth rate was also 0.1 percentage points higher than in January-April. These data can be reflected from one side. Since last year, in accordance with the decision-making arrangements of the CPC Central Committee and the State Council, the relevant departments and localities have launched a series of measures to promote consumption, and these policy measures are also gradually taking effect.

With regard to what you mentioned in the field of cars and household appliances, everyone has been very concerned recently, and we have introduced a plan, that is, "promoting the updating and upgrading of key consumer goods and the smooth recycling of resources (2019-2020)." At present, we should implement the specific tasks put forward in this plan in conjunction with the relevant departments, with the focus on "promoting the upgrading of industrial products, optimizing the consumption environment, and opening up recycling links." strengthen our work, strengthen departmental coordination, strengthen the linkage between top and bottom, and promote the implementation of these tasks.

With regard to promoting the promotion of industrial products, it is mainly to guide enterprises to continuously enhance the supply and security capacity of new products by increasing investment in R & D, carrying out technological transformation and upgrading, and using diversified new products to meet the multi-level consumer demand of urban and rural residents.

To optimize the consumption environment, there are mainly two aspects of work: one is to guide the local government to break down the institutional and institutional obstacles to restrict consumption. The second is to create a better consumer environment. In terms of breaking down the mechanism obstacles, clear requirements have been put forward in the "plan", including the strict prohibition of new regulations on vehicle purchase restrictions in various localities. Local governments that have implemented vehicle purchase restrictions should speed up the shift from restricting purchases to guiding use according to the effects of urban traffic congestion, pollution control, and traffic demand control. In terms of optimizing the environment, the main purpose of the government is to improve the hardware and software infrastructure of household consumption, so that consumers can facilitate consumption and rest assured of consumption.

To open up the recycling link, the key point is to focus on the difficulties in the current chain of waste cars, household appliances and consumer electronic products from recycling to circulation, to disassembly and disassembly, and to placing them everywhere, that is, how to recycle and utilize them. Promote the relevant parties to study and put forward solutions to find a way out for waste products, so as to smooth the whole consumption chain, so that consumers are more willing to eliminate old products and realize consumption upgrading.

National Development and Reform Commission on New policies on consumption of cars, Home Appliances, etc.

Translation 08:44:02PM Jun 17, 2019 Source:National Development and Reform Commission

SMM News: the National Development and Reform Commission held a press conference today, at which the National Development and Reform Commission said that according to the data just released by the National Bureau of Statistics, the total retail sales of social consumer goods accelerated significantly in May, with the total amount of social consumer goods rising 8.6 percent in May, 1.4 percentage points faster than last month. From January to May, the total retail sales of consumer goods reached 16.1 trillion yuan, an increase of 8.1 percent over the same period last year. The growth rate was also 0.1 percentage points higher than in January-April. These data can be reflected from one side. Since last year, in accordance with the decision-making arrangements of the CPC Central Committee and the State Council, the relevant departments and localities have launched a series of measures to promote consumption, and these policy measures are also gradually taking effect.

With regard to what you mentioned in the field of cars and household appliances, everyone has been very concerned recently, and we have introduced a plan, that is, "promoting the updating and upgrading of key consumer goods and the smooth recycling of resources (2019-2020)." At present, we should implement the specific tasks put forward in this plan in conjunction with the relevant departments, with the focus on "promoting the upgrading of industrial products, optimizing the consumption environment, and opening up recycling links." strengthen our work, strengthen departmental coordination, strengthen the linkage between top and bottom, and promote the implementation of these tasks.

With regard to promoting the promotion of industrial products, it is mainly to guide enterprises to continuously enhance the supply and security capacity of new products by increasing investment in R & D, carrying out technological transformation and upgrading, and using diversified new products to meet the multi-level consumer demand of urban and rural residents.

To optimize the consumption environment, there are mainly two aspects of work: one is to guide the local government to break down the institutional and institutional obstacles to restrict consumption. The second is to create a better consumer environment. In terms of breaking down the mechanism obstacles, clear requirements have been put forward in the "plan", including the strict prohibition of new regulations on vehicle purchase restrictions in various localities. Local governments that have implemented vehicle purchase restrictions should speed up the shift from restricting purchases to guiding use according to the effects of urban traffic congestion, pollution control, and traffic demand control. In terms of optimizing the environment, the main purpose of the government is to improve the hardware and software infrastructure of household consumption, so that consumers can facilitate consumption and rest assured of consumption.

To open up the recycling link, the key point is to focus on the difficulties in the current chain of waste cars, household appliances and consumer electronic products from recycling to circulation, to disassembly and disassembly, and to placing them everywhere, that is, how to recycle and utilize them. Promote the relevant parties to study and put forward solutions to find a way out for waste products, so as to smooth the whole consumption chain, so that consumers are more willing to eliminate old products and realize consumption upgrading.