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"National Compensation" takes the big move! Consumers benefit, consumer market vitality has increased significantly
2025-05-08 source:CCTV.com

CCTV News: This year, China will increase the funds for super-long-term special treasury bonds for consumer goods from 150 billion yuan to 300 billion yuan last year. Recently, the "Special Action Plan to Boost Consumption" issued by the General Office of the CPC Central Committee and the General Office of the State Council proposed to make good use of ultra-long-term special treasury bond funds and increase support for consumer goods for old-for-new. So, what impact will the increase in national subsidies have on our lives this year? Let’s see the reporter’s observation.

CCTV reporter Xu Dandan: Since the beginning of this year, with the increasing efforts of consumer goods for old trade-in, the vitality of consumer markets in various places has been significantly improved, and it has also brought more benefits to everyone. In the online and offline consumption scenarios, we have discovered many new highlights and new changes.

At the beginning of this year, three popular products, including mobile phones, tablets, and smart watches and bracelets, were included in the scope of new purchase subsidies.

In addition to digital products, many consumers will also choose home appliances offline.

CCTV reporter Xu Dandan: After walking in several stores, I found that the potential needs of many consumers have been met by this new purchase subsidy and old-for-new subsidy, and everyone's quality of life has also improved. So what kind of benefits and convenience can consumers who are accustomed to online shopping?

This year's "national subsidy" was launched simultaneously on e-commerce platforms, and some products can also be superimposed on operator subsidies. "Supply and supplement" allows consumers to buy cutting-edge products at a lower price, meeting the needs of quality improvement and taking the lead in trying new things.

In order to enrich the "national supplement" category, JD.com has also jointly launched the "Tyres for Old Tires" with local governments and continues to extend the automobile consumption chain.

During old products to new products is a constant stop. While consumers benefit, they also promote the development of the circular economy. How to innovate the circulation methods of second-hand goods has attracted more and more attention. The "heat wave" of consumption is moving in line with resource recycling, and the industrial structure is transforming towards green, low-carbon and sustainable, with a promising future.

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