国家2026年大规模设备更新和消费品以旧换新政策正式落地，汽车、家电、数码智能产品等多领域换新活动全面铺开。 元旦以来，各地抢抓新政策红利，持续激活消费市场。智能手表、智能眼镜等新品类首次纳入补贴范围，消费热度持续攀升。 市场迎来"开门红" 已发补贴超1.15亿元 元旦以来，江苏的家电、汽车、数码智能产品市场迎来"开门红"，以旧换新政策红利精准转化为消费热情，点燃新年消费第一把火。今年，智能手表、智能 眼镜、适老化家居等首次被纳入补贴，不少家电卖场还优化了"送新收旧一站式"服务，拆旧、送新、安装一步到位。目前江苏发放政府资金超1.15亿元，带 动销售8.9亿元。 转自：央视新闻客户端 随着以旧换新政策持续，安徽多地市场消费再掀热潮。在芜湖湾沚区的一家汽车专卖店，不少市民前来看车、选车。 芜湖市湾沚区居民 胡静：一直以来，我都想换一辆新能源电车，听说今年的国补力度不小，就赶紧和家人一起过来看看，算上国补、厂家优惠和置换补 贴，算下来大概能省2万多。 新一轮"国补"政策落地 商场消费火热 在河北各大卖场内，消费者趁着国补启动，前来咨询办理以旧换新业务。 沧州市青县信誉楼百货有限公司柜组主任 尹艳英：空调、冰箱这些 ...

Core Insights - The new round of "old-for-new" policies in China aims to stimulate consumer spending, particularly in the automotive and electronics sectors, by providing substantial subsidies for replacing old vehicles and electronic devices [1][2][3]. Automotive Sector - The new policy allows for subsidies based on a percentage of the vehicle price, ranging from 6% to 12%, which enhances the attractiveness of purchasing new vehicles [1]. - In Shandong province, specific subsidies for scrapping old cars and purchasing new energy vehicles are set at 12% of the new car price, with a maximum of 20,000 yuan, and 8% for other new energy vehicles, capped at 15,000 yuan [2]. - The "old-for-new" program has led to a significant increase in consumer interest, with a reported 40% of car sales being trade-ins, indicating a shift in consumer behavior towards upgrading vehicles [2]. - The demand for new energy vehicles, particularly plug-in hybrids and extended-range models, is expected to surge in the first quarter due to these policies [2]. Electronics Sector - The new policies also extend to digital smart products, including smartphones, tablets, and smart glasses, with an emphasis on increasing the subsidy rates and simplifying the application process [3]. - The introduction of a "Internet + second-hand" model is encouraged, which aims to improve the management and evaluation of used goods, enhancing consumer confidence in trade-in values [3]. - Consumers are increasingly valuing the transparency and fairness of old device evaluations, prompting retailers to adopt third-party assessments to meet these expectations [4]. Market Outlook - There is strong confidence in the market's trajectory due to increased policy support at both national and local levels, which is expected to drive consumer spending and upgrade trends [5].

Core Viewpoint - The new round of vehicle trade-in policies in Shandong is expected to stimulate consumer spending in the automotive market, with a focus on precise subsidies that enhance the effectiveness of the policies [1][3]. Group 1: Automotive Industry - The new trade-in policy offers subsidies based on a percentage of the vehicle price, ranging from 6% to 12%, which increases the "subsidy rate" for consumers [2][3]. - In Shandong, consumers can receive a subsidy of up to 20,000 yuan for trading in old vehicles for new energy vehicles, with a 12% subsidy for eligible old cars [3]. - The trade-in ratio for new car purchases has reached 40%, indicating a significant increase in consumer interest driven by the new policies [3]. - The demand for new energy vehicles, particularly plug-in hybrids and extended-range models, has surged, with dealers reporting a notable increase in foot traffic and sales [3]. Group 2: Consumer Electronics Industry - The new trade-in policies have expanded support for digital smart products, including smartphones, tablets, and smart glasses, reflecting consumer demand for new technologies [4]. - The current trade-in policy for 3C products is the most substantial in recent years, with improvements in subsidy rates, product categories, and ease of application [4]. - Consumers are increasingly valuing the transparency and fairness of old device valuations, leading to the introduction of third-party assessments in retail environments [5]. - There is a growing expectation for subsidies to cover high-end products, such as foldable smartphones, indicating a shift in consumer preferences towards premium devices [5].

消费品以旧换新政策的实施，是我国在复杂严峻的外部环境和经济转型升级关键阶段，坚定实施扩大内 需战略、推动高质量发展的重要举措和生动实践。展望未来，随着政策体系的持续优化、长效机制的加 快构建以及实施效能的不断释放，以旧换新将发挥更加重要的作用，增强国内大循环内生动力，为经济 社会高质量发展注入更多动能。 据统计，2025年1至11月，社会消费品零售总额同比增长4.0％，较上年同期加快0.5个百分点。其中以旧 换新带动社零总额增长超1个百分点，有效激发了居民消费意愿，将潜在需求转化为现实购买力。特别 值得关注的是，家电零售额已突破万亿元大关并创历史新高，显示出大宗消费品更新换代需求的潜能。 从政策传导机制看，以旧换新通过价格杠杆和补贴激励，不仅直接促进相关商品销售，还产生显著的乘 数效应，带动物流、安装、维修等关联服务消费，形成了"换新消费—产业升级—就业增加—收入提升 —消费扩容"的良性循环，为构建内需驱动型经济增长模式提供了有力支撑。 以旧换新政策在重点消费领域多点突破，实现了主要品类的全面增长，有力推动了消费结构升级。在汽 车领域，相关数据显示，2024年至2025年实现汽车以旧换新1830万辆，其中新能 ...

新年伊始，各地不断扩大优质商品和服务供给。消费品以旧换新等政策持续加力扩围 ，消费活力进一步释放。 各地重点商圈持续上新。在福建厦门中心城区，在老厂房上建起来的特色社区公园，成为新晋热门打卡点。这里引进了近40个优质品牌，涵盖零售、娱乐、 运动等多个领域，受到市民游客的青睐。 浙江宁波：长三角风味点燃开年消费热情 美食摊位老板 丽娜：生意非常火爆，我们备了三天的量，一个中午就卖空了。 安徽芜湖："以旧换新"政策持续 汽车消费热度攀升 在浙江宁波，来自浙江十一地市及江苏、安徽近百个美食摊位，组成了一条"长三角风味长廊"。绍兴黄酒奶茶、台州板栗酥饼、嵊州小笼包等特色小吃琳琅 满目。美食汇聚，打开了食客们的味蕾，也点燃了大家的消费热情。 福建厦门：老厂房变身新商圈 成热门打卡点 安徽芜湖居民 胡静：算上国补、厂家优惠和置换补贴，大概能省2万元左右，减轻了很多压力。 销售人员介绍，当前，消费者购车可同步享受厂家直补、以旧换新补贴及置换政策补贴三重优惠，降低了购车门槛，激发市场消费的潜力。 新疆：物流配送效率提升 激发县域消费活力 在安徽芜湖，随着"以旧换新"政策的持续，汽车消费热度攀升。市民胡静和家人一起挑选心仪的车 ...

Core Insights - The Consumer Price Index (CPI) for December 2025 is projected to increase by 0.8% year-on-year, while the Producer Price Index (PPI) is expected to decline by 2.6% year-on-year, indicating a mixed economic outlook for 2025 [1][2][3] CPI Analysis - CPI has shown a continuous recovery for four months, reaching a new high since March 2023, with core CPI remaining above 1% for the same duration [1][2] - In December, the CPI increased by 0.1 percentage points to 0.8%, driven by rising food and core consumer goods prices, while energy prices remained weak [6][7] - The annual CPI for 2025 is expected to average around 0%, the lowest level since 2009, primarily due to weak food and energy prices [3][4] PPI Analysis - The PPI for December is projected at -1.9%, with a narrowing decline compared to the previous month, and a month-on-month increase of 0.2% [3][12] - The annual PPI for 2025 is expected to average -2.6%, the second-lowest since 2016, influenced by weak demand and excess capacity in various sectors [4][5] - Key drivers for PPI include the recovery in the non-ferrous metals sector and the impact of "anti-involution" policies, while the oil and petrochemical sectors continue to exert downward pressure [12][13] 2026 Outlook - For 2026, CPI is forecasted to slightly increase to 0.7%, supported by policies such as "old-for-new" exchanges and rising gold prices, while PPI is expected to stabilize at -0.4% [5][6] - Factors influencing the 2026 outlook include potential price increases in coal, steel, and lithium due to demand from energy storage and AI-related sectors [6][12]

随着以旧换新政策持续，安徽多地市场消费再掀热潮。在芜湖湾沚区的一家汽车专卖店，不少市民前来看车、选车。 央视网消息：国家2026年大规模设备更新和消费品以旧换新政策正式落地，汽车、家电、数码智能产品等多领域换新活动全面 铺开。元旦以来，各地抢抓新政策红利，持续激活消费市场。智能手表、智能眼镜等新品类首次纳入补贴范围，消费热度持续攀 升。 江苏：市场迎来"开门红" 已发补贴超1.15亿元 元旦以来，江苏的家电、汽车、数码智能产品市场迎来"开门红"，以旧换新政策红利精准转化为消费热情，点燃新年消费第一 把火。今年，智能手表、智能眼镜、适老化家居等首次被纳入补贴，不少家电卖场还优化了"送新收旧一站式"服务，拆旧、送新、 安装一步到位。目前江苏发放政府资金超1.15亿元，带动销售8.9亿元。 安徽：以旧换新政策发力 汽车消费热度攀升 河北：新一轮"国补"政落地 商场消费火热 在河北各大卖场内，消费者趁着国补启动，前来咨询办理以旧换新业务。 ...

市场迎来"开门红" 已发补贴超1.15亿元 随着以旧换新政策持续，安徽多地市场消费再掀热潮。在芜湖湾沚区的一家汽车专卖店，不少市民前来看车、选车。 芜湖市湾沚区居民 胡静：一直以来，我都想换一辆新能源电车，听说今年的国补力度不小，就赶紧和家人一起过来看看，算上国补、厂家优惠和置换补 贴，算下来大概能省2万多。 元旦以来，江苏的家电、汽车、数码智能产品市场迎来"开门红"，以旧换新政策红利精准转化为消费热情，点燃新年消费第一把火。今年，智能手表、智能 眼镜、适老化家居等首次被纳入补贴，不少家电卖场还优化了"送新收旧一站式"服务，拆旧、送新、安装一步到位。目前江苏发放政府资金超1.15亿元，带 动销售8.9亿元。 以旧换新政策发力 汽车消费热度攀升 本文转自【央视新闻客户端】； 国家2026年大规模设备更新和消费品以旧换新政策正式落地，汽车、家电、数码智能产品等多领域换新活动全面铺开。 元旦以来，各地抢抓新政策红利，持续激活消费市场。智能手表、智能眼镜等新品类首次纳入补贴范围，消费热度持续攀升。 新一轮"国补"政策落地 商场消费火热 在河北各大卖场内，消费者趁着国补启动，前来咨询办理以旧换新业务。 沧州市青县信誉楼 ...

【12月CPI同比回升，价格走势受多因素影响】1月10日消息，12月CPI同比从11月的0.7%进一步回升至 0.8%，全年CPI同比则从24年的0.2%略回落至0%。 12月食品价格持续改善，核心CPI环比回升至0.2%，同比与11月的1.2%持平，含金饰的工业消费品持续 支撑核心CPI同比。 1月高频指标显示，工业品价格加速上涨，或受供给侧约束、信贷投放及财政支出"开门红"预期提振。 元旦假期出游人次同比大增且半径扩大，有望提振服务业价格，整体价格回升持续性待看今年一季度财 政扩张实际效果。 此外，2026年以旧换新政策对消费品补贴延续且范围优化，服务消费或获额外支持，托举需求侧。 服务业价格,登体价格凹汁持续任侍看今年一季度 财政扩张实际效果。 此外,2026年以旧换新政策对消费品补贴延续且范 围优化，服务消费或获额外支持，托举需求侧。 本文由 Al 算法生成,仅作参考,不涉投资建议,使用风险自担 本文由 AI算法生成，仅作参考，不涉投资建议，使用风险自担 和讯财经 和而不同 迅达天下 扫码查看原文 ...

Core Insights - The report from Guosheng Securities indicates that the Consumer Price Index (CPI) is expected to remain flat in 2025 compared to the previous year, while the Producer Price Index (PPI) is projected to decline by 2.6% [1] Group 1: CPI Trends - CPI has rebounded for four consecutive months, reaching the highest level since March 2023, with core CPI maintaining above 1% for the same duration [1] - Prices of core goods such as household appliances and gold jewelry continue to show strength [1] Group 2: PPI Trends - PPI has increased for three consecutive months, with an expanding growth rate, driven primarily by the non-involution sector and the metals industry [1] - The oil and petrochemical industry chain prices continue to decline [1] Group 3: Future Projections - For 2026, the report anticipates a continuation of the price recovery trend observed in the latter half of 2025, influenced by factors such as the "old-for-new" policy, narrowing rental declines, and rising gold and service prices [1] - Core CPI is expected to remain strong, with a projected year-on-year central tendency of around 0.7%, influenced by gold jewelry prices contributing approximately 0.3% to the CPI if the London gold price averages $4,500 per ounce in 2026 [1] - PPI is projected to have a year-on-year central tendency of around -0.4%, supported by rising prices in coal, steel, lithium carbonate, and copper due to demand from non-involution, energy storage, and AI-related sectors [1]