Ministry of Commerce: Trade-in Sales Exceed Last Year's

Published: Jun 20, 2025 14:00

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[Ministry of Commerce: Sales Driven by Trade-in of Consumer Goods This Year Have Already Surpassed Last Year's Total] According to relevant officials from the Ministry of Commerce, as of now, the sales driven by the trade-in of consumer goods this year have already surpassed the total for the whole of last year. Overall, the trade-in policy for consumer goods has continued to show its effectiveness since the beginning of this year, effectively promoting the continuous expansion of consumption and significantly driving the transformation and upgrading of industries. Moving forward, the Ministry will require local commerce authorities to make good use of the allocated support funds, refine the fund utilization plans by sector and time period, and steadily and orderly promote the trade-in of consumer goods. At the same time, it will work with relevant departments to strengthen the supervision of product quality and prices, urge participating enterprises to operate in compliance with laws and regulations, strictly prevent fraudulent claims for subsidies, and ensure the standardized and orderly implementation of the policy.

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