The Sichuan Provincial Government has announced a bold new plan aimed at promoting large-scale equipment updating and trade-in of consumer goods. The “Sichuan Province Implementation Plan for Promoting Large-Scale Equipment Updating and Trade-in of Consumer Goods” sets ambitious goals for the province’s industry, agriculture, construction, transportation, education, cultural tourism, medical, and other sectors.
By 2027, the plan aims to increase the scale of equipment investment in these fields by more than 25% compared to 2023. Key objectives include improving the energy efficiency of main energy-consuming equipment, increasing the proportion of production capacity with environmental protection performance, and boosting the use of digital R&D and design tools in industrial enterprises.
Additionally, the plan aims to double the recycling volume of scrapped cars, increase the transaction volume of second-hand cars, and boost the recycling volume of used home appliances. The goal is to increase the proportion of recycled materials in the resource supply and establish a robust resource recycling chain.
The Financial Associated Press reports that the plan is set to bring significant changes and improvements to Sichuan’s economic and environmental landscape. This initiative aligns with the province’s commitment to sustainable development and environmental protection.
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