Shandong Province Holds Video Conference to Promote Equipment Updates and Trade-in of Consumer Goods
On April 7th, a video conference was held in Shandong Province to discuss the promotion of large-scale equipment updates and trade-in of consumer goods. Governor Zhou Naixiang highlighted the importance of focusing on industry, agriculture, transportation, housing construction, education, cultural tourism, and medical fields to upgrade equipment towards high-end, smart, green, and safe direction.
The conference emphasized the need to replace old consumer goods with new ones, particularly in the fields of automobiles, home appliances, and home decoration. Policies and measures will be refined to accelerate the development of new consumption growth points and to strengthen the supply of high-quality products.
Efforts will also be made to improve industrial innovation capabilities, advance production capacity, and product quality brands. The aim is to create new development momentum and advantages in the market.
Furthermore, the conference focused on enhancing the recycling chain, improving waste material recycling systems, and supporting the circulation and trading of second-hand goods. The development of the equipment remanufacturing industry will also be accelerated to promote sustainability and resource efficiency.
The Financial Associated Press reported on this event, highlighting the government’s efforts to boost the economy through equipment updates and consumer goods trade-ins. This initiative aims to stimulate growth in various sectors and create new opportunities for businesses and consumers alike.