Core Viewpoint - Chengdu has launched a comprehensive plan to promote large-scale equipment upgrades and consumer goods replacement, with 54 key tasks outlined for 2025 to enhance the "Two New" initiatives [1][2]. Group 1: Equipment Upgrades and Industrial Development - Chengdu plans to implement 450 industrial technology transformation and equipment upgrade projects this year, aiming to establish over 95 smart factories and complete digital transformation for more than 360 small and medium-sized enterprises [1][2]. - The city has received 39.55 billion yuan in special long-term bonds for the "Two New" sector and allocated 31 billion yuan in municipal funds to support these initiatives [2][3]. - In 2022, the city's investment in industrial equipment reached 470.4 billion yuan, a year-on-year increase of 65.1% [2]. Group 2: Consumer Goods Replacement Initiatives - Chengdu is expanding its consumer goods replacement program, increasing the number of subsidized categories from 12 to 18, including automobiles, home appliances, and digital products [3][4]. - As of May 7, over 389 million applications for consumer goods replacement subsidies have been submitted, amounting to approximately 31 billion yuan in subsidies and driving consumption exceeding 285 billion yuan [4]. Group 3: Support for Small and Medium Enterprises - Chengdu has introduced a "micro-technology transformation" support program, offering up to 100,000 yuan for projects exceeding 5 million yuan in investment, addressing the challenges faced by small and medium enterprises [5][6]. - The city has developed financial products such as "technology transformation loans" and "equipment leasing subsidies" to alleviate funding pressures for small businesses, providing 171.8 billion yuan in loans to 1,255 small enterprises last year [6]. Group 4: Industrial Upgrading and Economic Growth - The initiatives aim to facilitate the transition of small and precise enterprises to specialized and innovative firms, injecting new momentum into the high-quality development of the industrial economy [7].