The National Development and Reform Commission and the Ministry of Finance issued a notice on implementing large-scale equipment renewal and consumer goods trade-in policies in 2026. Supports trade-in of home appliances. Individual consumers buy products with Class 1 energy efficiency or water efficiency standards in 6 categories of household appliances, such as refrigerators, washing machines, televisions, air conditioners, computers, and water heaters, and are subsidized at 15% of the product's sales price. Each consumer can subsidize 1 item of each type of product, and the subsidy is not more than 1,500 yuan per item. Support the purchase of new digital and smart products. Individual consumers buy 4 types of products, such as mobile phones, tablets, smart watches, and smart glasses, and are subsidized at 15% of the sales price of the product. Each consumer can subsidize 1 item of each type of product, and the subsidy is no more than 500 yuan for each item. Support subsidies for the purchase of new smart home products. Specific subsidy categories and subsidy standards are independently and reasonably determined by the local authorities in line with actual practice.

The National Development and Reform Commission and the Ministry of Finance issued a notice on implementing large-scale equipment renewal and consumer goods trade-in policies in 2026. Supports trade-in of home appliances. Individual consumers buy products with Class 1 energy efficiency or water efficiency standards in 6 categories of household appliances, such as refrigerators, washing machines, televisions, air conditioners, computers, and water heaters, and are subsidized at 15% of the product's sales price. Each consumer can subsidize 1 item of each type of product, and the subsidy is not more than 1,500 yuan per item. Support the purchase of new digital and smart products. Individual consumers buy 4 types of products, such as mobile phones, tablets, smart watches, and smart glasses, and are subsidized at 15% of the sales price of the product. Each consumer can subsidize 1 item of each type of product, and the subsidy is no more than 500 yuan for each item. Support subsidies for the purchase of new smart home products. Specific subsidy categories and subsidy standards are independently and reasonably determined by the local authorities in line with actual practice.