明年“两新”政策部署来了！

Core Viewpoint - The "Two New" policy, aimed at expanding domestic demand through large-scale equipment updates and consumer goods trade-ins, has been optimized for implementation in 2026, enhancing support for various sectors and adjusting subsidy mechanisms [1][3]. Group 1: Policy Adjustments - The 2026 "Two New" policy optimizes support scope, subsidy standards, and implementation mechanisms compared to 2025 [3]. - Subsidies for automobile trade-ins will now be based on a percentage of the vehicle price, rather than fixed amounts, reflecting a more refined approach [6]. - The policy includes support for the installation of elevators in old residential areas, as well as for facilities in elderly care institutions and fire rescue, addressing public safety and living standards [3]. Group 2: Subsidy Details - For new energy vehicles, the subsidy is set at 12% of the vehicle price (up to 20,000 yuan), while for fuel vehicles with an engine size of 2.0 liters or less, it is 10% (up to 15,000 yuan) [6]. - Trade-in subsidies for new energy vehicles are 8% of the vehicle price (up to 15,000 yuan), and for fuel vehicles, it is 6% (up to 13,000 yuan) [6]. Group 3: Market Impact - The "Two New" policy has significantly boosted the domestic automotive market, with over 11.2 million vehicles traded in under the program in the first 11 months of the year [4]. - The total sales of consumer goods through trade-ins exceeded 2.5 trillion yuan during the same period, indicating a strong market response [4]. - The production and sales of automobiles in China surpassed 31 million units, with both figures showing over 10% year-on-year growth [5]. Group 4: Green Transition Support - The policy emphasizes support for the replacement of old commercial trucks with low-emission vehicles, particularly electric trucks, to promote green transformation in the transportation sector [10]. - The sales of electric heavy-duty trucks reached 28,000 units in November, marking a 178% year-on-year increase, driven by multiple favorable factors [9]. Group 5: Regulatory Measures - The new policy aims to address issues related to subsidy misuse, such as price inflation and fraudulent claims, by ensuring equal treatment of online and offline businesses and enhancing regulatory oversight [11]. - Measures include a comprehensive management system for subsidy funds, utilizing digital tools for transparency and accountability [11].