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financial observation: from cars, home appliances to electric bicycles, exchanging old for new ones brings a better life

2024-09-11

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original title:
financial observation: from cars, home appliances to electric bicycles, exchanging old for new ones brings a better life
people's daily reporter qiao yeqiong
recently, the ministry of commerce and five other departments issued the "implementation plan for promoting the exchange of old electric bicycles for new electric bicycles" (hereinafter referred to as the "implementation plan"), proposing to promote the replacement of old electric bicycles owned by consumers with qualified electric bicycles. this is the first time that the country has introduced a policy for the exchange of old electric bicycles for new ones.
as a major producer and consumer of electric bicycles in the world, my country has a social ownership of 350 million electric bicycles, which have become an important means of transportation for people to travel short distances. many industry insiders said that with the surge in the number of electric bicycles, the safety hazards of old vehicles have become increasingly prominent, and it is time to promote the replacement of old electric bicycles with new ones.
how can the trade-in of old electric bicycles bring about a better life experience? previously, the action plan for promoting the trade-in of consumer goods issued by the ministry of commerce and 14 other departments proposed that, referring to the relevant practices of the trade-in of automobiles and home appliances, relevant departments should study and promote the trade-in of old electric bicycles to effectively prevent and control the safety risks of old electric bicycles. the implementation plan also deploys four key tasks in the production, sales, and trade-in of old electric bicycles.
at present, all parts of the country are actively promoting the old-for-new campaign in the automobile, home appliance and other industries, and the policy is gradually being implemented and effective. taking automobiles as an example, data from the ministry of commerce shows that as of 10:00 on august 13, 2024, more than 600,000 applications for automobile scrapping and renewal subsidies have been received, with more than 10,000 new applications in a single day.
as the effect of the car trade-in policy gradually emerged, it also boosted the growth of car sales. according to the data of the china association of automobile manufacturers, in july, the domestic sales of passenger cars reached 1.595 million, of which 853,000 were new energy passenger cars, accounting for 53.5%, surpassing traditional fuel passenger cars for the first time. this also indirectly shows that the trade-in is not a simple replacement of similar products, but a trend towards greener and smarter products, and the transformation and upgrading of residents' consumption is achieved through the trade-in.
referring to relevant experience, the "implementation plan" proposes that local governments formulate implementation rules for the old-for-new exchange of electric bicycles in light of their actual conditions, independently determine the specific support amount and methods, etc., and incorporate the old-for-new exchange of electric bicycles into the "2024 consumption promotion year" activity. it encourages compliant electric bicycle manufacturers to participate in consumer goods trade-in activities with their qualified products, and relevant companies to set up online and offline areas to facilitate the old-for-new exchange of old bicycles by the general public.
"the implementation plan forces supply to increase by promoting consumption, and encourages and supports consumers to trade in old products for new ones. in essence, it allows products with more advanced technology, better performance, and especially higher safety factors to stand out in the market, and continuously expand the market share of high-quality products." said li ziwen, deputy director of the industrial department of the institute of industrial economics and technological economics of the national development and reform commission.
in recent years, the safety of electric bicycles has been the focus of social attention. the implementation plan closely follows the requirements of the full-chain rectification action for electric bicycle safety hazards, and encourages local governments to use local financial funds to provide subsidies to consumers for returning electric bicycles and batteries with high safety hazards in light of their actual conditions.
"from cars and home appliances to electric bicycles, the connotation of the old-for-new work is constantly expanding." gu dasong, executive director of the transportation law and development research center of southeast university, said that the "implementation plan" focuses on electric bicycles as a public transportation method, taking personal needs and safety as the core consideration criteria, which is not only more beneficial and convenient for the people, but also greatly enhances the confidence of the people in buying electric bicycles, allowing them to buy and use them with peace of mind. (intern liao qijuan also contributed to this article)
source: people's daily online
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