人民日报北京8月22日电 记者从国家税务总局获悉：大规模设备更新和消费品以旧换新政策推行一年多 来，效果持续显现。 增值税发票数据显示，2024年4月至2025年7月，"两新"政策叠加直接拉动全国零售业需求增长反作用于 供给端，带动制造业企业加力推进设备更新升级，制造业销售收入同比增长5.8%，经济内循环更加顺 畅。（记者王观） 以旧换新带热多元消费需求。传统消费领域和智能消费领域活力持续释放，增值税发票数据显示，2024 年4月至2025年7月，日用家电、视听设备销售额同比分别增长44.5%和22.8%；家具、卫生洁具零售额 同比分别增长30.1%、13.6%；服务型机器人制造业销售额同比增长51.1%；全国新能源车销量同比增长 81.7%。 设备更新助力产业转型升级。增值税发票数据显示，2024年4月至2025年7月，全国企业采购机械设备类 金额同比增长7.3%，其中，工业企业采购机械设备类金额同比增长9.8%；信息传输软件业、科技服务 业设备采购金额同比分别增长27.8%、28.3%；民营企业设备采购金额同比增长9.3%，设备更新支撑作 用进一步凸显。 ...

本报北京8月22日电 （记者王观）记者从国家税务总局获悉：大规模设备更新和消费品以旧换新政策推 行一年多来，效果持续显现。 设备更新助力产业转型升级。增值税发票数据显示，2024年4月至2025年7月，全国企业采购机械设备类 金额同比增长7.3%，其中，工业企业采购机械设备类金额同比增长9.8%；信息传输软件业、科技服务 业设备采购金额同比分别增长27.8%、28.3%；民营企业设备采购金额同比增长9.3%，设备更新支撑作 用进一步凸显。 增值税发票数据显示，2024年4月至2025年7月，"两新"政策叠加直接拉动全国零售业需求增长反作用于 供给端，带动制造业企业加力推进设备更新升级，制造业销售收入同比增长5.8%，经济内循环更加顺 畅。 《 人民日报 》（ 2025年08月23日 03 版） (责编：袁勃、赵欣悦) 关注公众号：人民网财经 以旧换新带热多元消费需求。传统消费领域和智能消费领域活力持续释放，增值税发票数据显示，2024 年4月至2025年7月，日用家电、视听设备销售额同比分别增长44.5%和22.8%；家具、卫生洁具零售额 同比分别增长30.1%、13.6%；服务型机器人制造业销售额同比增长5 ...

增值税发票数据显示，2024年4月至2025年7月，"两新"政策叠加直接拉动全国零售业需求增长反作用于 供给端，带动制造业企业加力推进设备更新升级，制造业销售收入同比增长5.8%，经济内循环更加顺 畅。 以旧换新带热多元消费需求。传统消费领域和智能消费领域活力持续释放，增值税发票数据显示，2024 年4月至2025年7月，日用家电、视听设备销售额同比分别增长44.5%和22.8%；家具、卫生洁具零售额 同比分别增长30.1%、13.6%；服务型机器人制造业销售额同比增长51.1%；全国新能源车销量同比增长 81.7%。 设备更新助力产业转型升级。增值税发票数据显示，2024年4月至2025年7月，全国企业采购机械设备类 金额同比增长7.3%，其中，工业企业采购机械设备类金额同比增长9.8%；信息传输软件业、科技服务 业设备采购金额同比分别增长27.8%、28.3%；民营企业设备采购金额同比增长9.3%，设备更新支撑作 用进一步凸显。 本报北京8月22日电 （记者王观）记者从国家税务总局获悉：大规模设备更新和消费品以旧换新政策推 行一年多来，效果持续显现。 （文章来源：人民日报） ...

Market Data - As of August 15, the Shanghai Composite Index rose by 0.83% to 3696.77 points, the Sci-Tech Innovation 50 Index increased by 1.43% to 1101.29 points, the Shenzhen Component Index climbed by 1.6% to 11634.67 points, and the ChiNext Index surged by 2.61% to 2534.22 points [1] - On the same day, the US stock market showed mixed results, with the Dow Jones Industrial Average up by 0.08%, the Nasdaq down by 0.4%, and the S&P 500 declining by 0.29% [2] Economic Indicators - The People's Bank of China released the "2025 Q2 China Monetary Policy Implementation Report," emphasizing the need for a balanced approach to monetary policy, ensuring liquidity remains ample, and aligning social financing and money supply growth with economic growth and price level expectations [3] - From January to July, China's fixed asset investment (excluding rural households) reached 288229 billion yuan, marking a year-on-year increase of 1.6%, although this represents a decline compared to the first half of the year [3] - In July, the consumer price index (CPI) showed positive changes, with a month-on-month increase of 0.4%, reversing a previous decline. The core CPI, excluding food and energy, rose by 0.8% year-on-year, indicating a steady upward trend in the market [4] - The National Bureau of Statistics reported that in July, the sales prices of residential properties in 70 large and medium-sized cities showed a month-on-month decline, but the year-on-year decline narrowed overall [4] Corporate Developments - China Shenhua (601088) announced a transaction plan to acquire assets from its controlling shareholder, the State Energy Group, involving 13 target companies across coal, coal power, and coal chemical sectors, aimed at enhancing resource reserves and optimizing the industrial chain [6] - Western Securities (002673) received approval for its acquisition of Guorong Securities, with the China Securities Regulatory Commission confirming the transfer of 11.51 billion shares, representing 64.5961% of Guorong Securities [7] - Huahong Semiconductor announced plans to address competition issues related to its IPO by acquiring a controlling stake in Shanghai Huali Microelectronics through a share issuance and cash payment, with the transaction not expected to constitute a major asset restructuring [8]

Core Insights - The latest tax data from the National Taxation Administration indicates significant growth in various sectors due to the implementation of the "Two New" policy [1][2] Group 1: Equipment and Consumer Goods - Corporate procurement of machinery and equipment increased by 7.3% year-on-year from April 2024 to July 2025 [1][2] - Sales of daily household appliances rose by 44.5% year-on-year, while audiovisual equipment sales increased by 22.8% during the same period [1][2] Group 2: New Energy Vehicles - Sales of new energy vehicles experienced a remarkable growth of 81.7% year-on-year from April 2024 to July 2025 [1][2] Group 3: Policy Impact - The "Two New" policy has fostered a positive interaction characterized by "policy-driven demand release and industrial upgrading" over the past year [2]

Group 1 - The implementation of large-scale equipment updates and the trade-in policy for consumer goods has shown significant effects over the past year, aiding in industrial transformation and stimulating diverse consumer demand, thus promoting economic circulation [1][2] - From April 2024 to July 2025, the amount of machinery and equipment purchased by enterprises nationwide increased by 7.3% year-on-year, with notable growth in the information transmission software and technology service sectors at 27.8% and 28.3% respectively, highlighting the supportive role of equipment updates [1] - In the traditional and smart consumption sectors, retail sales have surged, with home appliances and audiovisual equipment sales increasing by 44.5% and 22.8% respectively, while furniture and sanitary ware retail sales rose by 30.1% and 13.6% [1] Group 2 - The sales revenue of the manufacturing industry increased by 5.8% year-on-year, driven by the significant growth in retail demand, which in turn has encouraged manufacturing enterprises to accelerate equipment upgrades [2] - The sales of service robots have seen a remarkable year-on-year growth of 51.1%, indicating a strong market response to the policies [1] - The new energy vehicle sales nationwide surged by 81.7% from April 2024 to July 2025, reflecting the positive impact of the trade-in policy on the automotive industry [1]

Group 1 - The "Two New" policies have shown significant effects in promoting industrial transformation, boosting consumer demand, and facilitating economic circulation [1][2] - From April 2024 to July 2025, the procurement amount of machinery and equipment by enterprises increased by 7.3% year-on-year, with industrial enterprises seeing a 9.8% increase [1] - The information transmission and software industry, as well as the technology service industry, experienced equipment procurement growth of 27.8% and 28.3% respectively [1] Group 2 - The "old-for-new" policy has stimulated diverse consumer demand, with retail sales of daily household appliances and audiovisual equipment increasing by 44.5% and 22.8% respectively from April 2024 to July 2025 [1] - Sales of service robots surged by 51.1%, while the retail sales of furniture and sanitary ware grew by 30.1% and 13.6% respectively [1] - The new energy vehicle sales saw a remarkable increase of 81.7% during the same period, indicating strong momentum in the automotive sector [1] Group 3 - The "Two New" policies have directly driven retail demand growth, which in turn has positively impacted the supply side, leading to a 5.8% year-on-year increase in manufacturing sales revenue [2] - The implementation of these policies has contributed to a smoother internal economic circulation [2]

Group 1 - The large-scale equipment renewal and trade-in policy has shown positive effects in promoting industrial transformation, boosting consumer demand, and facilitating economic circulation [1][2] - From April 2024 to July 2025, the procurement amount of machinery and equipment by enterprises nationwide increased by 7.3% year-on-year, with industrial enterprises seeing a 9.8% increase [1] - The procurement amount for information transmission software and technology service industries grew by 27.8% and 28.3% year-on-year, respectively, indicating a strong support for industrial transformation [1] Group 2 - The trade-in policy has stimulated diverse consumer demand, with retail sales of daily household appliances and audio-visual equipment increasing by 44.5% and 22.8% year-on-year, respectively [1] - Sales of furniture and sanitary ware also saw significant growth, with increases of 30.1% and 13.6% year-on-year [1] - The manufacturing sales revenue in the manufacturing sector increased by 5.8% year-on-year, indicating a smoother economic internal circulation [2]

Key Points - From July 1 to August 11, the total number of railway passengers exceeded 600 million, reaching 616 million, with a year-on-year increase of 4.0% and an average daily passenger count of 14.675 million [3] - In the first seven months, the express delivery business volume reached 112.05 billion pieces, showing a year-on-year growth of 18.7% [5] - In July, the industrial added value of large-scale enterprises increased by 5.7% year-on-year and 0.38% month-on-month, with the equipment manufacturing sector growing by 8.4% and high-tech manufacturing by 9.3% [8] - The service production index in July grew by 5.8% year-on-year, with significant increases in information transmission, software, IT services (11.9%), finance (8.7%), and leasing and business services (8.0%) [15] - By June 2025, the total number of 5G base stations is expected to increase fivefold compared to 2020, reaching 4.55 million, while the number of broadband users is projected to grow 34 times to 226 million [13] - In the first half of the year, 13.278 million new business entities were established, including 4.62 million new enterprises and 8.629 million new individual businesses [21] - Under the "Two New" policy, from April 2024 to July 2025, the amount spent on machinery and equipment is expected to grow by 7.3%, with sales of household appliances and audiovisual equipment increasing by 44.5% and 22.8% respectively, and new energy vehicle sales rising by 81.7% [23] - Recently, 188 billion yuan in investment subsidies for equipment upgrades has been fully allocated [19]

Group 1 - The large-scale equipment renewal and old-for-new consumption policy has shown positive effects in promoting industrial transformation, boosting consumer demand, and facilitating economic circulation over the past year [1][2] - From April 2024 to July 2025, the procurement amount of machinery and equipment by enterprises nationwide increased by 7.3% year-on-year, with significant growth in the information transmission software and technology service sectors at 27.8% and 28.3% respectively [1] - Private enterprises also saw a 9.3% year-on-year increase in equipment procurement, indicating that the policy's benefits are effectively transforming into new momentum for industrial upgrades [1] Group 2 - The "old-for-new" policy has stimulated diverse consumer demand, with sales of daily household appliances and audio-visual equipment increasing by 44.5% and 22.8% year-on-year respectively from April 2024 to July 2025 [1] - The sales of new energy vehicles surged by 81.7% year-on-year, reflecting a strong growth trend in the market [1] - The implementation of the policy has created a virtuous cycle of "policy-driven—demand release—industrial upgrade," leading to a 5.8% year-on-year increase in manufacturing sales revenue, thus enhancing the internal economic circulation [2]