“两新”政策更加注重提质增效

Core Viewpoint - The National Development and Reform Commission and the Ministry of Finance have issued a notice regarding the implementation of large-scale equipment updates and the old-for-new policy for consumer goods in 2026, emphasizing the importance of domestic demand and optimizing the "two new" policies for better effectiveness [1]. Group 1: Large-Scale Equipment Updates - The 2026 equipment update policy expands its support to include the installation of elevators in old residential areas, equipment updates in elderly care institutions, and fire rescue facilities, while maintaining the overall support scope from 2025 [2]. - The 2026 policy increases support for small and medium-sized enterprises (SMEs) by lowering the investment threshold for project applications, aiming to enhance the effectiveness of investment and ensure that policy benefits reach those who need them [2]. - The policy is expected to stimulate domestic consumption by improving the quality and efficiency of the supply system, thereby creating a positive cycle of investment and consumption [3]. Group 2: Old-for-New Policy for Consumer Goods - The 2026 old-for-new policy will cover a broader range of products, including six major categories of home appliances, and aims to ensure precise allocation of funds to maximize the policy's impact [4]. - The policy will also expand support for digital and smart products, including smart glasses, to meet consumer demand for new technologies and products [4]. - A unified subsidy standard will be implemented nationwide for specified products, which will help prevent market segmentation and promote the free flow of goods and resources across the country [6].