State subsidies combined with the implementation of local expansion policies coincided with the peak summer consumption season, and the Guangxi home appliance market ushered in a new round of consumption boom. During the visit, it was discovered that the trade-in policy continues to be strengthened, smart home appliances are entering thousands of households at an accelerated pace, and the trend of consumption upgrading is obvious. Since this year, Guangxi's consumer goods trade-in has provided a total of 2.061 million digital and smart products, 95,000 automobiles, and 2.553 million household appliances, with a subsidy capital of 2.96 billion yuan, driving product sales of 26.7 billion yuan. Among them, the proportion of participants in the county area reached 45.2%, and rural areas received 37.1% of the subsidy amount, and rural consumption potential is being unleashed at an accelerated pace. Hong Tao, director of the Institute of Business Economics at Beijing Gongshang University, said that the trade-in was upgraded to a “demand+experience” two-wheel drive on the basis of continued policy support. Countries, regions, and enterprises have established a triple subsidy linkage system to reduce household replacement costs, stimulate consumption vitality, help the whole society save energy and reduce carbon, and promote the popularization and implementation of a green and low-carbon lifestyle.

State subsidies combined with the implementation of local expansion policies coincided with the peak summer consumption season, and the Guangxi home appliance market ushered in a new round of consumption boom. During the visit, it was discovered that the trade-in policy continues to be strengthened, smart home appliances are entering thousands of households at an accelerated pace, and the trend of consumption upgrading is obvious. Since this year, Guangxi's consumer goods trade-in has provided a total of 2.061 million digital and smart products, 95,000 automobiles, and 2.553 million household appliances, with a subsidy capital of 2.96 billion yuan, driving product sales of 26.7 billion yuan. Among them, the proportion of participants in the county area reached 45.2%, and rural areas received 37.1% of the subsidy amount, and rural consumption potential is being unleashed at an accelerated pace. Hong Tao, director of the Institute of Business Economics at Beijing Gongshang University, said that the trade-in was upgraded to a “demand+experience” two-wheel drive on the basis of continued policy support. Countries, regions, and enterprises have established a triple subsidy linkage system to reduce household replacement costs, stimulate consumption vitality, help the whole society save energy and reduce carbon, and promote the popularization and implementation of a green and low-carbon lifestyle.