On April 20, the reporter learned that on the first day of implementation of Jiangsu's trade-in local autonomous subsidy policy, sales in related categories at several local stores doubled compared to the previous week. Following Heilongjiang and Jiangsu, autonomous subsidy policies for Guangdong, Shanghai, Hubei, Anhui, and Chongqing are also expected to be implemented in the near future. “This is the implementation of the Ministry of Commerce and other departments' work plans on trade-in consumer goods to improve quality and efficiency, and to carry out independent subsidies for smart homes and age-appropriate products in line with the actual situation in various regions. The aim is to stimulate market vitality and further promote the expansion and upgrading of the consumer market.” An industry veteran said.

On April 20, the reporter learned that on the first day of implementation of Jiangsu's trade-in local autonomous subsidy policy, sales in related categories at several local stores doubled compared to the previous week. Following Heilongjiang and Jiangsu, autonomous subsidy policies for Guangdong, Shanghai, Hubei, Anhui, and Chongqing are also expected to be implemented in the near future. “This is the implementation of the Ministry of Commerce and other departments' work plans on trade-in consumer goods to improve quality and efficiency, and to carry out independent subsidies for smart homes and age-appropriate products in line with the actual situation in various regions. The aim is to stimulate market vitality and further promote the expansion and upgrading of the consumer market.” An industry veteran said.