On March 13, the State Council issued the “Action Plan for Promoting Large-scale Equipment Updating and Trade-in of Consumer Goods” (hereinafter referred to as the “Action Plan”). Overall requirements of the Plan:
By 2027, the scale of equipment investment in industry, agriculture, construction, transportation, education, cultural tourism, medical and other fields will increase by more than 25% compared with 2023; the energy efficiency of major energy-consuming equipment in key industries will basically reach the energy-saving level, the proportion of production capacity with environmental protection performance reaching A-level will increase significantly, and the penetration rate of digital R&D and design tools and the numerical control rate of key processes in industrial enterprises above designated size will exceed 90% and 75% respectively.
Compared with fifteen years ago, the scope of application of this round of “old for new” policy has been expanded. In addition to traditional consumer goods such as home appliances and automobiles, seven key areas including medical equipment have been included in the “Equipment Update Action” by the “Plan”. The specific content related to medical equipment is as follows:
Strengthen the construction of high-quality and efficient medical and health service systems, promote iterative upgrades of medical and health institutional equipment and information facilities, and encourage qualified medical institutions to accelerate the upgrading and transformation of medical information systems such as ECG monitoring equipment and remote diagnosis and treatment networks. Promote the renovation and upgrading of wards in medical institutions and make up for the shortcomings in ward environment and facilities.
The “Plan” calls for increasing fiscal policy support and including qualified equipment renewal and recycling projects into the scope of investment and other financial support within the central budget. At the same time, we will strengthen innovation support, focus on the “stuck” problems of industrial foundation and major technical equipment that have long plagued the transformation and upgrading of traditional industries, and actively carry out scientific and technological research on major technical equipment.
In response to reporters’ questions, the relevant person in charge of the National Development and Reform Commission said that in the next step, relevant departments will gradually formulate and issue specific policies or regulations in areas such as improving equipment levels in the medical and health field.
The effective implementation of the “Plan” is expected to further promote the upgrading of ECG monitoring medical equipment in hospitals at all levels and bring about expansion of procurement demand; it will also bring more development impetus to domestic high-end ECG equipment manufacturers.
The “Action Plan” makes a comprehensive deployment to promote large-scale equipment renewal and consumer goods trade-in, focusing on the implementation of the “four major actions” of equipment renewal, trade-in of consumer goods, recycling, and standard improvement. The “Action Plan” proposes that by 2027, the scale of equipment investment in industry, agriculture, construction, transportation, education, cultural tourism, medical and other fields will increase by more than 25% compared with 2023; the energy efficiency of major energy-consuming equipment in key industries will basically reach the energy-saving level, and the proportion of production capacity with environmental protection performance reaching A-level will increase significantly. Industrial enterprises above designated size will The penetration rate of digital R&D and design tools and the numerical control rate of key processes exceed 90% and 75% respectively; the recycling volume of scrapped cars has approximately doubled compared with 2023, the transaction volume of second-hand cars has increased by 45% compared with 2023, the recycling volume of used home appliances has increased by 30% compared with 2023, and the proportion of recycled materials in resource supply has further increased.
The following is the original text of the document:
Promoting large-scale equipment updates and replacing old consumer goods with new ones is an important measure to accelerate the construction of a new development pattern and promote high-quality development. It will effectively promote investment and consumption, which will benefit both the present and the long-term. In order to implement the decision-making and deployment of the Party Central Committee, the following action plan is now formulated to promote a new round of large-scale equipment updates and trade-in of consumer goods.
1. Overall requirements
To promote large-scale equipment renewal and trade-in of consumer goods, we must be guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, thoroughly implement the spirit of the 20th National Congress of the Communist Party of China, implement the deployment of the Central Economic Work Conference and the Fourth Meeting of the Central Financial and Economic Commission, coordinate the expansion of domestic demand and deepen supply-side structural reforms, and implement The four major actions of equipment updating, trade-in of consumer goods, recycling, and standard improvement will vigorously promote the production and application of advanced equipment, promote the continuous increase in the proportion of advanced production capacity, promote more high-quality durable consumer goods to enter residents’ lives, smooth the resource recycling chain, and significantly improve the quality and level of the national economic cycle.
——Adhere to the market-oriented approach and government guidance. Give full play to the decisive role of the market in allocating resources, combine the differentiated needs for the upgrading of various types of equipment and consumer goods, and rely on the market to provide diversified supplies and services. We should give better play to the role of the government, increase fiscal, taxation, financial, investment and other policy support, implement a good combination of policies, guide businesses to moderate profits, and create an upgrading scale effect.
——Insist on encouraging the advanced and eliminating the backward. Establish a long-term mechanism that combines incentives and constraints to accelerate the elimination of outdated products and equipment, improve safety and reliability, and promote the development of high-end, intelligent, and green industries. Accelerate the construction of a unified national market and eliminate local protection.
——Adhere to standard guidance and orderly improvement. Benchmark the international advanced level and combine with the actual development of the industry to accelerate the formulation and revision of standards in areas such as energy conservation and carbon reduction, environmental protection, safety, and recycling. We will comprehensively consider the affordability of enterprises and consumer acceptance, and promote the implementation of standards in an orderly manner.
By 2027, the scale of equipment investment in industry, agriculture, construction, transportation, education, cultural tourism, medical and other fields will increase by more than 25% compared with 2023; the energy efficiency of major energy-consuming equipment in key industries will basically reach the energy-saving level, the proportion of production capacity with environmental protection performance reaching A-level will increase significantly, and the digital research of industrial enterprises above designated size will The penetration rate of design tools and the numerical control rate of key processes exceed 90% and 75% respectively; the recycling volume of scrapped cars has approximately doubled compared with 2023, the transaction volume of second-hand cars has increased by 45% compared with 2023, the recycling volume of used home appliances has increased by 30% compared with 2023, and the proportion of recycled materials in resource supply has further increased.
2. Implement equipment update actions
(1) Promote the upgrading and transformation of equipment in key industries. Focusing on promoting new industrialization, taking energy conservation and carbon reduction, ultra-low emissions, safe production, digital transformation, and intelligent upgrading as important directions, focusing on key industries such as steel, nonferrous metals, petrochemicals, chemicals, building materials, electric power, machinery, aviation, ships, textiles, and electronics, vigorously promote the updating and technological transformation of production equipment, energy-using equipment, power generation, transmission and distribution equipment. Accelerate the promotion of energy-using equipment with advanced energy efficiency and energy-saving levels, and implement energy-saving and carbon-reducing transformations in different industries and fields. Promote the application of intelligent manufacturing equipment and software, accelerate the construction and popularization of the industrial Internet, and cultivate new models of intelligent empowerment of the digital economy. Strictly implement mandatory standards for energy consumption, emissions, safety and other requirements as well as equipment elimination catalog requirements, and eliminate substandard equipment in accordance with laws and regulations.
(2) Accelerate the updating of equipment in the construction and municipal infrastructure fields. Focusing on the construction of new urbanization, combined with the promotion of urban renewal and the renovation of old communities, the renewal and transformation will be promoted in a classified manner, focusing on residential elevators, water supply, heating, gas supply, sewage treatment, sanitation, urban lifeline projects, security, etc. Accelerate the renewal of old residential elevators that do not meet current product standards and pose high safety risks. Promote the upgrading and renovation of water plants and pressurized storage water supply facilities and equipment in various regions. Advance the heating metering transformation in an orderly manner and continue to promote the updating and transformation of heating facilities and equipment. Focusing on exterior wall insulation, doors, windows, and heating devices, we will promote energy-saving renovation of existing buildings. Continue to implement the renovation and renovation of aging pipelines such as gas. Accelerate the advancement of urban domestic sewage and garbage treatment facilities and equipment to address shortcomings and strengths and weaknesses. Promote the construction of IoT intelligent sensing equipment supporting urban lifeline projects such as underground pipe networks, bridges, tunnels, and manhole covers. Accelerate the transformation of security equipment such as video surveillance in key public areas and roads.
(3) Support the renewal of transportation equipment and old agricultural machinery. Continue to promote the electric replacement of urban buses and support the replacement of old new energy buses and power batteries. Accelerate the elimination of operational diesel trucks with emission standards of National III and below. Strengthen the industrialization capacity building of green aviation equipment such as electric and hydrogen energy. Accelerate the scrapping and renewal of old ships with high energy consumption and high emissions, vigorously support the development of new energy-powered ships, improve the supporting infrastructure and standards for new energy-powered ships, and gradually expand the application scope of new energy ships such as electric, liquefied natural gas power, biodiesel power, and green methanol power. Continue to implement the subsidy policy for the scrapping and updating of agricultural machinery, combine the needs of agricultural production and the development stage of agricultural mechanization, solidly promote the scrapping and updating of old agricultural machinery, and accelerate the structural adjustment of agricultural machinery.
(4) Improve the level of education, culture, tourism and medical equipment. Promote qualified universities and vocational colleges (including technical colleges) to update and replace advanced teaching and scientific research technology equipment to improve teaching and scientific research levels. Strictly implement subject teaching equipment configuration standards, ensure quality and quantity configuration, and update teaching instruments and equipment in a timely manner. Promote the updating and upgrading of cultural and tourism equipment such as cable cars, amusement equipment, and performing arts equipment. Strengthen the construction of high-quality and efficient medical and health service systems, promote iterative upgrades of medical and health institutional equipment and information facilities, and encourage qualified medical institutions to accelerate the upgrading and transformation of medical imaging, radiotherapy, remote diagnosis and treatment, surgical robots and other medical equipment. Promote the renovation and upgrading of wards in medical institutions and make up for the shortcomings in ward environment and facilities.
3. Implement the trade-in action for consumer goods
(5) Carry out trade-in of old cars for new ones. We will increase policy support, unblock circulation congestion points, and promote automobile tiered consumption and updated consumption. Organize and carry out national automobile trade-in promotion activities, encourage automobile manufacturers and sales companies to carry out promotional activities, and guide the industry to orderly competition. Strictly implement the mandatory scrapping standards for motor vehicles and vehicle safety and environmental protection inspection standards, and eliminate old cars that meet the mandatory scrapping standards in accordance with laws and regulations. Optimize car purchase restriction measures according to local conditions, and promote the construction of a full life cycle management information interaction system for car use.
(6) Carry out trade-in of old home appliances for new ones. Focusing on improving convenience, we will unblock the consumption chain of home appliance updates. Support home appliance sales companies to jointly carry out trade-in promotions with production companies and recycling companies, open online and offline special trade-in areas for home appliances, and provide discounts to consumers who trade in old home appliances for energy-saving home appliances. Encourage qualified places to provide subsidies for consumers to purchase green smart home appliances. Accelerate the implementation of actions to improve after-sales service for home appliances.
(7) Promote the replacement of home decoration consumer goods. Through government support, corporate profit sharing and other means, we will support residents to carry out partial renovation of old houses, kitchens and bathrooms, etc., continue to promote the aging-friendly renovation of homes, and actively cultivate new types of consumption such as smart homes. Promote home decoration model rooms to enter shopping malls, communities, and platforms, and encourage companies to create online model rooms to provide affordable products and services to meet diversified consumer needs.
4. Implement recycling and recycling actions
(8) Improve the recycling network for waste products and equipment. Accelerate the development of the “replacement + recycling” logistics system and new model, and support companies that produce and sell durable consumer goods to build reverse logistics systems or cooperate with professional recycling companies to collect waste consumer goods door-to-door. Further improve the renewable resource recycling network and support the construction of a number of centralized sorting and processing centers. Optimize the layout of scrapped car recycling and dismantling enterprises and promote the door-to-door car pick-up service model. Improve recycling channels for office equipment in public institutions. Support the development of online trading platforms for used products and equipment.
(9) Support second-hand commodity circulation transactions. Continue to optimize second-hand car transaction registration management and promote convenient transactions. Vigorously develop the second-hand car export business. Promote the standardization of second-hand electronic product transactions and prevent leakage and malicious recovery of user information. Promote second-hand commodity trading platform companies to establish and improve the evaluation mechanism of distribution companies and users within the platform, and strengthen the sharing of information on credit records, illegal and untrustworthy behaviors, etc. Support electronic product manufacturers to develop second-hand transactions, refurbishment and repair and other businesses.
(10) Promote remanufacturing and echelon utilization in an orderly manner. Encourage the remanufacturing of qualified waste production equipment. The quality characteristics and safety and environmental protection performance of remanufactured product equipment should be no less than that of prototype new products. Promote the application of non-destructive testing, additive manufacturing, flexible processing and other technical processes to improve the level of remanufacturing and processing. Deeply promote the remanufacturing of traditional equipment such as auto parts, engineering machinery, and machine tools, and explore the development of high-end equipment remanufacturing business in emerging fields such as wind power, photovoltaics, and aviation. Accelerate the research and development of residual life assessment technology for wind power, photovoltaic, power battery and other product equipment, and promote the sequential utilization of product equipment and key components in an orderly manner.
(11) Promote high-level recycling of resources. Promote the agglomeration and large-scale development of renewable resource processing and utilization enterprises, and guide the gradual withdrawal of inefficient production capacity. Improve support policies for the disposal of waste electrical and electronic products, and study and expand the coverage of the disposal system for waste electrical and electronic products. Support the construction of a number of industrial clusters for the intensive processing of renewable resources such as scrap steel, scrap non-ferrous metals, and waste plastics. Actively and orderly develop biomass liquid fuels with waste oils and non-food biomass as the main raw materials. Explore and build an information traceability system for the use of recycled plastics, recycled metals and other recycled materials that meets international standards. Continue to improve the technical level of waste non-ferrous metal utilization and strengthen the research and development and application of rare and precious metal extraction technology. Timely improve import standards and policies for decommissioned power batteries, recycled materials, etc.
5. Implement standard improvement actions
(12) Accelerate the improvement of energy consumption, emissions, and technical standards. Benchmark the international advanced level, speed up the formulation and revision of a batch of mandatory national standards for energy consumption limits and product and equipment energy efficiency, dynamically update the advanced energy efficiency level, energy saving level and access level of key energy-consuming products and equipment, and accelerate the improvement of energy saving indicators and market access thresholds. Accelerate the upgrade of restrictions on energy consumption of passenger cars and heavy commercial vehicles. Accelerate the improvement of emission standards for key industries and optimize and improve emission control levels of air and water pollutants. Revise and improve the cleaner production evaluation indicator system, and formulate and revise carbon emission accounting standards for enterprises in key industries. Improve standards for wind turbines, photovoltaic equipment and product upgrades and decommissioning.
(13) Strengthen the improvement of product technical standards. Focus on bulk consumer goods such as automobiles, home appliances, household products, consumer electronics, and civilian drones, and accelerate the upgrading of standards for safety, health, performance, environmental protection, and testing. Accelerate the improvement of the quality and safety standard system for home appliances, and vigorously popularize knowledge about the safe service life and energy conservation of home appliances. Accelerate the upgrading of consumer product quality standards, formulate a consumer product quality and safety supervision catalog, and strictly enforce quality and safety supervision. Improve carbon label and other standard systems, and give full play to the role of standard leadership, green certification, high-end certification, etc.
(14) Strengthen the supply of resource recycling standards. Improve green design standards such as materials and parts that are easy to recycle, disassemble, regenerate, and remanufacture. Formulate and revise standards for recycling waste electrical and electronic products and other renewable resource recycling standards. Promulgate national standards for information erasure methods in second-hand transactions of mobile phones, tablets and other electronic products, guide second-hand electronic product distribution companies to establish information security management systems and information technology service management systems, and study and formulate standards for grading the availability of second-hand electronic products.
(15) Strengthen the connection between domestic and international standards in key areas. Establish and improve the consistency tracking and transformation mechanism of international standards, carry out comparative analysis of Chinese standards and relevant international standards, transform a number of advanced and applicable international standards, and continuously improve the transformation rate of international standards. Support domestic institutions to actively participate in the formulation and revision of international standards, and support key industry standards such as new energy vehicles in going global. Strengthen domestic and international connections in quality standards, inspection and quarantine, certification and accreditation.
6. Strengthen policy guarantees
(16) Increase fiscal policy support. Include qualified equipment renewal and recycling projects into the scope of investment and other financial support within the central budget. Adhere to the joint efforts of the central finance and local governments to support the trade-in of consumer goods, and support the trade-in of eligible cars through the energy-saving and emission reduction subsidies arranged by the central finance; encourage qualified localities to coordinate the use of funds related to the modern commercial circulation system arranged by the central finance, etc., to support the trade-in of durable consumer goods in areas such as home appliances. Continue to implement subsidies for the renewal of old operating vehicles and ships, and support the renewal of old ships, diesel trucks, etc. Encourage qualified localities to make overall use of urban transportation development incentive funds arranged by the central government to support new energy buses and battery updates. Make good use of the agricultural machinery scrapping and renewal subsidy policy. The central government has set up special funds to support the recycling and processing of waste electrical and electronic products. Further improve government green procurement policies and increase the procurement of green products. Strict financial discipline, strengthen the entire process, entire chain, and all-round supervision of fiscal funds, and improve the effectiveness and accuracy of the use of fiscal funds.
(17) Improve tax support policies. Increase tax preferential support for special equipment for energy conservation, water conservation, environmental protection, and production safety, and include digital and intelligent transformation into the scope of preferential treatment. Promote the practice of “reverse invoicing” by resource recycling companies to natural person sellers of scrapped products. In line with the simple collection policy of value-added tax for renewable resource recycling enterprises, study and improve supporting measures for income tax collection and management, and optimize tax collection and management standards and methods.
(18) Optimize financial support. Use re-lending policy tools to guide financial institutions to strengthen support for equipment renewal and technological transformation; the central government will provide certain interest discount support for bank loans that meet the conditions for re-loan reimbursement. Give full play to the role of the working mechanism for expanding medium- and long-term loans to the manufacturing industry. Guide banking institutions to reasonably increase green credit and strengthen financial support for the production, services and consumption of green smart home appliances. Encourage banking institutions to appropriately reduce the down payment ratio of passenger car loans and reasonably determine the term and credit limit of car loans under the premise of compliance with laws and regulations and controllable risks.
(19) Strengthen factor protection. Strengthen the guarantee of land, energy and other factors for enterprise technological transformation projects. For technical transformation projects that do not require new land use and mainly focus on equipment upgrades, the preliminary approval procedures will be simplified. Coordinate the construction of domestic waste classification collection, transfer storage and renewable resource recovery facilities in the region, and incorporate them into the scope of public infrastructure land to ensure reasonable land use needs.
(20) Strengthen innovation support. Focus on the “stuck” problems of industrial foundation and major technical equipment that have long plagued the transformation and upgrading of traditional industries, and actively carry out scientific and technological research on major technical equipment. Improve mechanisms such as “unveiling the list”, “horse racing” and iteration of innovative products, strengthen support for pilot testing capabilities in the manufacturing industry, and accelerate the industrial application of innovation results.
All regions and departments must, under the centralized and unified leadership of the Party Central Committee, improve working mechanisms, strengthen overall coordination, do a good job in policy interpretation, and create a good social atmosphere that promotes large-scale equipment updates and the replacement of old consumer goods with new ones. The National Development and Reform Commission should work with relevant departments to establish special work teams to strengthen coordination and strengthen linkage between the central and local governments. All relevant departments must formulate specific plans and supporting policies in accordance with the division of responsibilities, implement departmental responsibilities, strengthen tracking and analysis, and promote the implementation of various tasks. Major matters will be reported promptly and in accordance with procedures.