According to a relevant official 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 entire previous year. Overall, the trade-in policy for consumer goods has continued to show significant effects since the beginning of this year, effectively promoting the continuous expansion of consumption and driving notable industrial transformation and upgrading. Going forward, local commerce authorities will be required to make good use of the allocated support funds, refine the fund utilization plans by sector and time period, and steadily and orderly advance the trade-in of consumer goods. At the same time, they will work with relevant departments to strengthen supervision over product quality and pricing, urge participating enterprises to operate in compliance with laws and regulations, strictly prevent fraudulent claims for subsidies, and ensure the orderly implementation of the policy.