On December 11, Ministry of Commerce spokesman He Yadong said at a regular press conference that judging from the results, there is a clear trend of innovation and transformation in the second-hand goods market, and some physical markets have “revitalized”. In the next step, the Ministry of Commerce will focus on the following tasks in response to the current blockages: First, adhering to a high starting point and high standards, and turning the circulation of second-hand goods into a “clean” Chaoyang industry. Guide industry operators to consciously demand strict requirements for themselves with a high starting point and high standards, and resolutely put an end to acts such as replicating the old with the new, falsifying the truth, and substituting good. The second is to focus on new business formats and new scenarios to turn the circulation of second-hand goods into an “attractive” green consumption highland. Develop new business formats such as second-hand product leasing, auctions, split sales, and after-sales repurchases in an orderly manner. Develop new consumption scenarios such as immersive offline experience stores, “used+culture and creativity” and “used+rental” around diverse scenarios. The third is to raise the level of digitalization and make the circulation of second-hand goods into an “innovation-driven” cutting-edge business format. Increase the application of technologies such as AI, big data, and cloud computing to promote the deep integration of online and offline second-hand goods distribution.

On December 11, Ministry of Commerce spokesman He Yadong said at a regular press conference that judging from the results, there is a clear trend of innovation and transformation in the second-hand goods market, and some physical markets have “revitalized”. In the next step, the Ministry of Commerce will focus on the following tasks in response to the current blockages: First, adhering to a high starting point and high standards, and turning the circulation of second-hand goods into a “clean” Chaoyang industry. Guide industry operators to consciously demand strict requirements for themselves with a high starting point and high standards, and resolutely put an end to acts such as replicating the old with the new, falsifying the truth, and substituting good. The second is to focus on new business formats and new scenarios to turn the circulation of second-hand goods into an “attractive” green consumption highland. Develop new business formats such as second-hand product leasing, auctions, split sales, and after-sales repurchases in an orderly manner. Develop new consumption scenarios such as immersive offline experience stores, “used+culture and creativity” and “used+rental” around diverse scenarios. The third is to raise the level of digitalization and make the circulation of second-hand goods into an “innovation-driven” cutting-edge business format. Increase the application of technologies such as AI, big data, and cloud computing to promote the deep integration of online and offline second-hand goods distribution.