China unveils plan on equipment renewal, trading
Aerial photo taken on April 19, 2022 shows a seeding machine guided by the BeiDou Navigation Satellite System working in a cotton field in a farm of a division of Xinjiang Production and Construction Corps in northwest China's Xinjiang Uygur Autonomous Region. [Photo/Xinhua]
China has released an action plan to promote the large-scale renewal of equipment and the trading-in of consumer goods.
The action plan, issued by the State Council, the country's cabinet, is aimed at bringing more high-quality durable consumer goods into people's lives, smoothing the recycling chain of resources, and significantly improving the quality and level of economic circulation.
According to the action plan, the scale of equipment investment, in areas including industry, agriculture, construction, transportation, education, culture, tourism and medical care, is planned to increase by more than 25 percent by 2027 compared with last year.
As of 2027, the recycling volume of scrapped vehicles is planned to roughly double from 2023, and used car transactions will increase by 45 percent, while the recycling of used household appliances will increase by 30 percent compared with 2023, the plan states.
The plan specifies 20 key tasks in five sectors, including equipment renewal, trading-in of consumer goods, recycling of used goods, standard leveling-up and policy reinforcements, along with fiscal and financial support.
Related articles
- OAKLAND, Calif. (AP) — The Oakland Athletics acquired right-hander Brandon Bielak from the Houston A2024-05-18
China, Vietnam hold 8th border defense friendship exchange
KUNMING, April 12 (Xinhua) -- China and Vietnam held the eighth border defense friendship exchange f2024-05-18U.S. small yard, high fence strategy will eventually backfire
By Zhong Sheng (People's Daily) 09:52, January 12, 2024The U.S. domineering and coercive practices i2024-05-18Bazaar train boosts incomes for residents in Xinjiang, NW China
(People's Daily Online) 13:39, April 11, 2024Attending bazaars has been a longstanding tradition in2024-05-18Travis Kelce and Patrick Mahomes learn their road to an historic NFL three
The road to the three-peat has been mapped out for the Kansas City Chiefs as their NFL schedule drop2024-05-18- Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-18
atest comment