On December 30th, it was reported that the upcoming year will witness an optimization of the "Two New" policies concerning their support scope. The consumer goods trade-in initiative is set to prioritize enhancing subsidy rates for pivotal consumer goods, which boast a wide reach and robust driving forces. The policy will persist in offering subsidies for automobiles, home appliances, and digital products. Moreover, it will introduce, for the first time, subsidies for the purchase of new smart glasses and smart home products (encompassing home products tailored for the elderly). Zou Yunhan, Deputy Director of the Macroeconomic Research Office within the Economic Forecasting Department of the State Information Center, remarked that the 2026 consumer goods trade-in policy underscores product innovation, with newly incorporated subsidies for smart products. When consumers opt to buy intelligent products like AR glasses, they will also be eligible for trade-in subsidies. This strategic move is designed to expedite the integration of cutting-edge products, such as those driven by artificial intelligence, into the everyday lives of the general public and to foster the widespread acceptance of high-caliber intelligent products.
