财经聚焦｜新赛道！“二手经济”撑起万亿级大市场

Core Insights - The second-hand goods market in China has become a trillion-yuan industry, driven by the circulation of used products and supported by government initiatives [1][2] - The Ministry of Commerce and other departments have launched pilot programs in 10 cities and 28 enterprises to promote second-hand goods circulation, showing initial positive results [2][3] Market Growth - The transaction volume of second-hand goods in China reached 1.69 trillion yuan in 2024, marking a 28% year-on-year increase, with a six-year average compound growth rate of 12% [2] - Pilot cities are focusing on various categories such as second-hand mobile phones, clothing, and furniture, adapting to local consumer needs [2] Consumer Trends - There is a noticeable increase in young consumers and foreign tourists visiting second-hand markets, indicating a shift in consumer demographics [2] - The second-hand market is evolving into a new consumption model that integrates green, personalized, and intelligent consumption [7][8] Innovation and Technology - The second-hand market is experiencing innovation, with new business models such as rental, auction, and after-sales buyback being developed [8] - Technologies like AI, big data, and cloud computing are being integrated into the second-hand goods circulation, enhancing transaction efficiency and user experience [8][9] Regulatory Framework - The government is working on establishing a comprehensive regulatory framework to ensure the integrity and quality of second-hand goods, aiming to eliminate fraudulent practices [8] - Industry standards are being developed to support the growth of a structured and vibrant second-hand goods ecosystem [3][9]