Boom in Consumer Spending: Car Sales and Other Goods See Significant Surge in Multiple Markets

◎ Correspondent Yu Xiangming

The exchange of consumer goods for new ones has achieved remarkable results, and sales of cars and other goods have increased significantly in many places. On September 25, the National Development and Reform Commission held a special press conference to present the progress, results and typical practices of the consumer goods trading operation. Wen Hua, deputy director of the Department of Resource Conservation and Environmental Protection of the National Development and Reform Commission, said at the press conference, on September 24, that the cumulative amount of subsidy applications approved by the national car trading platform has been close to 11 billion yuan in government debt spending. At the same time, 24 regions including Chongqing, Beijing, Tianjin, Shanghai, and Jiangsu have also introduced policies and measures to support vehicle renewal and renewal, promoting rapid sales growth in auto-related industries.

“The vigorous promotion of trade in consumer goods for new ones is a major policy that benefits enterprises and the people, and is also an important measure for implementing the strategy of expanding domestic demand in detail. From a direct impact, it is an important measure. it effectively stimulates consumption potential and directly drives sales of key consumer goods such as automobiles, home appliances, and home furniture Rapid growth,” said Wenhua.

At the press conference, Geng Hongzhou, the first-level inspector of the Department of Promotion of Consumption of the Ministry of Commerce, further revealed that at 0:00 on September 25, the national car trading information platform received more than 1.13 million applications for subsidies auto scrapping renewal, and the number of registered users on the platform exceeded 1.68 million people, and the number of subsidy applications has maintained a rapid growth trend.

According to reports, from January to August this year, the national retail sales of passenger cars were 13.472 million units, a year-on-year increase of 1.9%. Among them, retail sales of new energy passenger vehicles increased by 35.3% year-on-year, accounting for 44.7% of the retail volume of the passenger car market.

With the help of the old-for-new policy, sales of automobiles and other goods have increased significantly in Chongqing, Beijing and elsewhere. Taking Chongqing as an example, since Chongqing implemented a new round of vehicle trading support policies on August 20, the national sales of Changan and Thalys, the two major local car companies, have increased by 39.4% and 59.8% respectively a month later – month.

“The state has introduced a policy to strengthen support for consumer goods trading, which has effectively stimulated the vitality of Chongqing’s used car market. From January to August this year, the number of passenger cars in the city increased by 8.72% year on year, and the number of new energy vehicles increased by 55.08% year on year,” Gao Jian, Secretary of the Party Leadership Group and Director of the Chongqing Development and Reform Commission, said at the meeting.

Lai Xianyu, deputy director of the Beijing Municipal Development and Reform Commission, presented at the meeting, on September 23, that Beijing received a total of 23,000 applications for scrapping and replacing cars, driving car sales of about 6 billion yuan.

“From the introduction of the afterburning policy in August to September 22, in less than a month, more than 9.3 million people applied for home appliance trade-in subsidies, more than 1.45 million home appliances were traded in, and almost to 30,000 cars removed. and replaced , and achieved positive results,” said Ai Xuefeng, director of the Guangdong Provincial Development and Reform Commission, at the meeting.

In addition, Wang Shengli, deputy director of the Quality Supervision Department of the State Administration for Market Regulation, said at the meeting that he will closely follow the new situation of integration and development of electrification, intelligence and connectivity in the automobile industry, and combine the needs of the new market use to promote the establishment of intelligent connected vehicle certification system, encourage certification agencies to carry out high-quality certification projects in autonomous driving, information security, network security, data security, power batteries, etc. to provide high quality supply for industrial upgrading.