定调！“国补”明年继续

Core Viewpoint - The Central Economic Work Conference held on December 10-11 in Beijing outlined key economic tasks for the upcoming year, emphasizing the optimization of the "Two New" policy implementation [1]. Group 1: Policy Implementation - The "Two New" policy refers to large-scale equipment updates and a consumer goods trade-in program, which is particularly relevant to the public and is referred to as "national subsidies" [1]. - In 2024, China will issue 150 billion yuan in ultra-long-term special government bonds for the consumer goods trade-in program, with an increase to 300 billion yuan in 2025, doubling the subsidy amount compared to 2024 [1]. Group 2: Expansion of Subsidy Areas - The scope of the "national subsidies" will expand in 2025 to include three new categories of digital products: mobile phones, tablets, and smartwatches, as well as four categories of home appliances: microwave ovens, water purifiers, dishwashers, and rice cookers [1]. Group 3: Impact on Sales - From January to November this year, the consumer goods trade-in program has driven sales of related products exceeding 2.5 trillion yuan, benefiting over 360 million people [1]. - Specific figures include over 11.2 million vehicles traded in, over 128.44 million home appliances, over 9.015 million digital products, over 1.291 million electric bicycles, and over 120 million home renovation items [1].