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recently,national development and reform commissionthe third press conference on the "two new" policies was held. wen hua, deputy director of the department of resource conservation and environmental protection of the national development and reform commission, said at the press conference that vigorously promoting the replacement of old consumer goods with new ones is a major policy that benefits enterprises and the people, and is also an important measure for the in-depth implementation of the strategy of expanding domestic demand. at present, my country has more than 3 billion major home appliances and more than 300 million cars, so there is huge potential for upgrading.

pictures from the national development and reform commission website

driven by policies, the implementation of “real money” subsidies and preferential treatment has accelerated. taking the automobile field as an example, the policy supports the scrapping and renewal of qualified cars. the purchase of new energy passenger cars can be subsidized by 20,000 yuan, and the purchase of fuel passenger cars can be subsidized by 15,000 yuan. the review and issuance of scrapping and renewal subsidy funds has been accelerated. as of september 24, the cumulative number of subsidy applications approved by the national automobile trade-in platform has been close to 11 billion yuan in government debt expenditures. in addition, 24 regions including chongqing, beijing, tianjin, shanghai, and jiangsu have also introduced policies and measures to support car replacement and renewal (selling old and buying new). replacement and renewal can enjoy a subsidy of up to 18,000 yuan.

regarding the effectiveness of subsidy implementation, market feedback is intuitively reflected through sales data. according to data from the china automobile dealers association, in august, national passenger car retail sales reached 1.905 million units, a month-on-month increase of 10.8%. among them, the retail sales of new energy vehicles reached 1.027 million units, a month-on-month increase of 17%; the penetration rate reached 53.9%, exceeding 50% for two consecutive months. entering september, the performance of the auto market continues to recover. from september 1st to 22nd, the national retail sales of passenger vehicles increased by 10% compared with the same period last month; the retail sales of new energy passenger vehicles increased by 7% compared with the same period last month.