Source: Caijing Author: Jia Zijian 2024-04-30 15:00
On April 30, the Shanghai Municipal People's Government issued the Shanghai Action Plan for Promoting Large scale Equipment Renewal and Consumer Goods Trade in (2024-2027). It is mentioned that the old cars will be exchanged for the new ones. Implement a new round of old car trade in subsidies and new energy car trade in subsidies. Support each district to give certain rewards to used car dealers for new sales, and further open the recycling channels for vehicle recycling. Encourage automobile brand dealers, automobile sales enterprises, relevant industry associations and other organizations to carry out various automobile renewal consumption promotion activities, eliminate old cars according to law and regulations, optimize the automobile consumption environment, and orderly promote the export of second-hand cars. (Associated Press of Finance and Economics)