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The reporter learned from the Ministry of Commerce that as of August 30, in 2026, consumer goods trade-in had driven sales of related products exceeding 1.54 trillion yuan, benefiting more than 206 million people. Twenty-seven regions across the country have implemented independent category subsidy policies, driving sales of 2.286,000 related products. Driven by policies, commodity consumption potential continues to be unleashed, and consumption of green and smart products continues to grow. In the first seven months of this year, retail sales of energy-efficient household appliances per unit above the limit increased by more than 30% year-on-year, and sales of smart glasses and sports cameras on key platforms all maintained relatively rapid growth. The NEV passenger car market penetration rate has exceeded 60% for four consecutive months.
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The reporter learned from the Ministry of Commerce that as of August 30, in 2026, consumer goods trade-in had driven sales of related products exceeding 1.54 trillion yuan, benefiting more than 206 million people. Twenty-seven regions across the country have implemented independent category subsidy policies, driving sales of 2.286,000 related products. Driven by policies, commodity consumption potential continues to be unleashed, and consumption of green and smart products continues to grow. In the first seven months of this year, retail sales of energy-efficient household appliances per unit above the limit increased by more than 30% year-on-year, and sales of smart glasses and sports cameras on key platforms all maintained relatively rapid growth. The NEV passenger car market penetration rate has exceeded 60% for four consecutive months.
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