The General Offices of five key departments, spearheaded by the Ministry of Commerce, have rolled out a directive mandating the execution of subsidies for the trade-in of outdated household appliances and the acquisition of cutting-edge digital and intelligent products in 2026. It is imperative for local governments to enhance cross-departmental coordination, establish a robust mechanism for the oversight and allocation of subsidy funds, along with verification procedures, and promptly address any shortcomings in regions that fall short of the stipulated criteria.

For entities found to be operating in breach of regulations, a series of corrective actions will be implemented, including interviews, suspension of operational licenses, and orders for immediate rectification. Entities that neglect to rectify within the designated timeframe will face the revocation of their licenses, public censure, and a mandate to return the subsidies received. Concurrently, any illegal or non-compliant conduct will be met with stringent legal repercussions, and the nexus between administrative and criminal proceedings will be fortified. Both online and offline surveillance will be intensified to combat the proliferation of counterfeit and substandard goods. Furthermore, enterprises will be guided towards refining their pricing strategies, fostering a collective effort to cultivate a thriving and sustainable industrial ecosystem.