Core Viewpoint - The upcoming 618 shopping festival is facing disruptions as several regions, including Jiangsu and Chongqing, have suspended the issuance of national subsidies for home appliances, raising consumer concerns. However, the Guangdong Provincial Department of Commerce has confirmed that the "old-for-new" policy will not end prematurely, attributing the suspensions to system upgrades and periodic inventory checks [1][2][7]. Group 1: Policy Updates - Chongqing has halted the issuance of subsidies for 27 categories of green smart home appliances and home renovation due to exhausted funds, with plans for a second phase of the "old-for-new" subsidy policy being drafted [2][10]. - Jiangsu's Department of Commerce stated that the suspension of subsidies is due to system upgrades, and both online and offline channels will implement quota management until the end of the year [2][10]. - In Guangdong, while some cities have paused certain subsidies, most regions continue to offer them, with the overall "old-for-new" policy set to last until December 31, 2025 [7][10]. Group 2: Economic Impact - The "old-for-new" policy has significantly boosted consumer spending, with a reported sales volume of 1.1 trillion yuan driven by the program as of May 31, 2025. Approximately 175 million subsidies have been issued to consumers [10][11]. - In Guangdong, the "old-for-new" sales reached 153.45 billion yuan in 2024, benefiting over 11.28 million consumers, making it the largest scale in the country [10][11]. - The National Development and Reform Commission plans to accelerate the allocation of funds to support the "old-for-new" initiative, which is seen as a key driver for consumption recovery and economic stability [10][11].
个别地市暂停派券?广东商务厅:以旧换新政策不会提前结束
Nan Fang Du Shi Bao·2025-06-11 08:34