China has rolled out specific measures to facilitate and encourage trade-ins of consumer goods, according to an action plan jointly released by the Ministry of Commerce and 13 other government departments on Friday.
China aims to establish a trade-in mechanism that facilitates the scrapping of used goods in exchange for smart, green and low-carbon ones, according to the plan.
To promote the trade-ins of automobiles, subsidies will be given to consumers who scrap high-emission passenger cars to buy energy-efficient vehicles or new energy vehicles.
The practice of reverse invoicing for second-hand car transactions will be promoted, as well as the service model where the old cars can be collected at their doorsteps.
For used home appliances, the country will provide financial support to establish recycling systems for renewable resources. Local governments and home appliance companies are encouraged to offer subsidies or preferential policies for consumers who purchase or trade for green and smart home appliances.
Localities are encouraged to support the upgrading and renovation of old houses, develop age-friendly facilities, and promote the consumption of smart household products.
Related articles:
Related suggestion:
Experts on Taylor Swift’s poetry in ‘The Tortured Poets Department'John Tortorella says he failed to get Flyers to 'close the deal' in wake of lateWNBA moving date of its preseason game in Canada to avoid potential conflict with NHL playoffsTory Susan Hall closes the gap on Sadiq Khan with a fortnight until London mayoral electionFive young men shot at gathering in Maryland parkRoyal Bank of Scotland to close 18 more branches with the loss of 105 jobsNew York Rangers captain Jacob Trouba may be the most interesting man in hockey, on and off the icePrimary school teacher who was sacked by school for teaching nineThe EPA is again allowing summer sales of higher ethanol gasoline blend, citing global conflictsFederal officials are investigating a Rockies coach's cockpit visit during a United flight
2.6474s , 6606.5234375 kb
Copyright © 2024 Powered by China unveils plan to promote trade ,Culture Currents news portal