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Seven Departments Collaboratively Release Document to Promote Smart Device Trade-Ins
1 week ago /
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Author：小编
Recently, seven key departments, among which is the Ministry of Industry and Information Technology, jointly published the "Notice on Enhancing Quality and Efficiency through the Implementation of the 2026 Consumer Goods Trade-In Initiative." This document clarifies that in 2026, the central government will persist in allocating funds from ultra-long-term special treasury bonds. Meanwhile, local governments are expected to contribute matching funds proportionally to bolster the trade-in programs for four categories of digital and smart gadgets: mobile phones, tablet computers, smart watches/bands, and smart glasses. Additionally, the notice delineates the subsidy criteria and the modalities for implementing these measures.
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