The reporter learned from the Ministry of Commerce on the 1st that the 2025 trade-in policy achieved remarkable results. The annual sales volume of trade-in related products exceeded 2.6 trillion yuan, benefiting more than 360 million people. Among them, over 11.5 million cars were traded in, more than 129 million pieces of home appliances were traded in, more than 91 million units of digital products such as mobile phones were purchased, more than 120 million units were “refurbished”, and more than 12.5 million electric bicycles were traded in. Since the full implementation of the policy in September 2024, more than 480 million direct subsidies have been distributed to consumers, and a large number of new green, low-carbon, and intelligent products have entered people's lives. In 2025, for every two new domestic cars sold, one will enjoy a car trade-in subsidy. The number of old electric bicycles being phased out and updated is 9 times that of 2024. All electric bicycles that have been replaced have product certificates and CCC certificates that meet current national standards, and lead-acid battery vehicles with better safety account for about 90%.

The reporter learned from the Ministry of Commerce on the 1st that the 2025 trade-in policy achieved remarkable results. The annual sales volume of trade-in related products exceeded 2.6 trillion yuan, benefiting more than 360 million people. Among them, over 11.5 million cars were traded in, more than 129 million pieces of home appliances were traded in, more than 91 million units of digital products such as mobile phones were purchased, more than 120 million units were “refurbished”, and more than 12.5 million electric bicycles were traded in. Since the full implementation of the policy in September 2024, more than 480 million direct subsidies have been distributed to consumers, and a large number of new green, low-carbon, and intelligent products have entered people's lives. In 2025, for every two new domestic cars sold, one will enjoy a car trade-in subsidy. The number of old electric bicycles being phased out and updated is 9 times that of 2024. All electric bicycles that have been replaced have product certificates and CCC certificates that meet current national standards, and lead-acid battery vehicles with better safety account for about 90%.