各地加力扩围推动消费品以旧换新，可选消费焕发新机

Group 1 - Hebei has expanded its "old for new" program to include four new categories of home appliances, such as microwaves and water purifiers, along with eight new small appliances like coffee machines and floor washers, encouraging merchants to implement promotional policies [1] - In 2023, Hebei's "old for new" program has utilized over 20 billion yuan in subsidies, achieving sales exceeding 10 billion yuan [1] - Jiangxi and Hainan are promoting seasonal sales for refrigerators and air conditioners, encouraging merchants to offer linked promotions and "old for new" services to benefit consumers [1] Group 2 - Guangdong is enhancing the market for new energy vehicles and automotive products through a combination of government and enterprise subsidies [1] - Qinghai has increased the number of categories eligible for agricultural machinery scrapping subsidies from 14 to 25, focusing on improving subsidy standards for scrapping hand tractors and updating seeders and combine harvesters [1] - In 2023, Qinghai has provided subsidies for over 2,600 new agricultural machines, with a year-on-year increase of 30% in purchase quantity [1] Group 3 - Various regions are intensifying the implementation of "two new" policies to optimize processes and enhance services, stimulating market vitality and releasing consumer potential [2] - The optional consumption ETF closely tracks the CSI All-Share Consumer Index, with top five constituent stocks including Midea Group, BYD, Gree Electric, and Haier Smart Home, with automotive and home appliances accounting for over 78% [2] - As the national economy continues to improve, consumer disposable income is rising, leading to a shift in spending from food and clothing to transportation, healthcare, and consumer electronics, highlighting the investment value of the optional consumption sector [2]