3.707 million vehicles were traded in under the auto replacement program in the first half of 2026.

On July 22, data from the Ministry of Commerce showed that the consumer goods trade-in program drove related merchandise sales totaling RMB 1.1 trillion in the first half of 2026, benefiting 150 million consumers.

Among the figures, 3.707 million vehicles were traded in under the auto replacement scheme; 63.266 million home appliances were exchanged; 79.098 million digital and smart products were newly purchased. Nineteen regions rolled out subsidy policies for locally defined product categories, stimulating sales of 992,000 relevant goods.