The reporter learned from the Ministry of Commerce that since the implementation of the consumer goods trade-in policy in 2024, sales of related products reached 3.92 trillion yuan, benefiting 494 million people. Among them, over 18.3 million cars were traded in, more than 192 million units of home appliances were traded in, and over 91 million units of digital products such as mobile phones were purchased. Among car trade-ins, new energy vehicles account for nearly 60%, driving a doubling of sales in the domestic NEV passenger vehicle market; in the trade-in of home appliances, first-class energy efficiency products account for more than 90%; among new digital products such as mobile phones, sales of mid-to-high-end models account for 72.5%.

The reporter learned from the Ministry of Commerce that since the implementation of the consumer goods trade-in policy in 2024, sales of related products reached 3.92 trillion yuan, benefiting 494 million people. Among them, over 18.3 million cars were traded in, more than 192 million units of home appliances were traded in, and over 91 million units of digital products such as mobile phones were purchased. Among car trade-ins, new energy vehicles account for nearly 60%, driving a doubling of sales in the domestic NEV passenger vehicle market; in the trade-in of home appliances, first-class energy efficiency products account for more than 90%; among new digital products such as mobile phones, sales of mid-to-high-end models account for 72.5%.