The National Development and Reform Commission and the Ministry of Finance issued a notice on implementing large-scale equipment renewal and consumer goods trade-in policies in 2026 to strengthen the management of the entire project and capital chain. Strengthen the whole chain management of project reserves, reporting, review, issuance, implementation, and payment and use of funds. Refine and improve project support conditions and audit standards in various fields, further strengthen audit and control, and continuously improve project quality. Combining factors such as the average depreciation period of equipment in different industries and the technology update cycle, refine and improve quantitative requirements such as minimum usage period and technical indicators for decommissioned equipment by field, and use equipment depreciation and minimum period of use as hard conditions for reporting projects. Strictly eliminate and dispose of equipment, standardize asset management, and avoid waste of resources.

The National Development and Reform Commission and the Ministry of Finance issued a notice on implementing large-scale equipment renewal and consumer goods trade-in policies in 2026 to strengthen the management of the entire project and capital chain. Strengthen the whole chain management of project reserves, reporting, review, issuance, implementation, and payment and use of funds. Refine and improve project support conditions and audit standards in various fields, further strengthen audit and control, and continuously improve project quality. Combining factors such as the average depreciation period of equipment in different industries and the technology update cycle, refine and improve quantitative requirements such as minimum usage period and technical indicators for decommissioned equipment by field, and use equipment depreciation and minimum period of use as hard conditions for reporting projects. Strictly eliminate and dispose of equipment, standardize asset management, and avoid waste of resources.