CCTV News: On March 25, Li Gang, Director of the Consumer Promotion Department of the Ministry of Commerce, said that since the beginning of this year, the Ministry of Commerce has worked with various regions and relevant departments to increase its efforts to implement the implementation of the old-for-new consumer goods, with support funds significantly increased from 150 billion yuan last year to 300 billion yuan, and further expanded the categories and subsidies, and the policy results have gradually emerged. As of March 24, the total number of automobile trade-in applications nationwide exceeded 1.5 million; consumers purchased more than 28 million old-for-new products in 12 major categories, and more than 45 million consumers applied for subsidies for purchases of more than 56 million mobile phones and other digital products, and more than 2.2 million electric bicycle trade-in. We will implement the policies well, closely follow up and supervise, optimize convenient services, smooth the recycling chain, increase publicity and promotion efforts, and make "real money" more efficient and convenient to reach consumers directly.
