Guizhou: Deepening the "trade-in" program for consumer goods and vigorously promoting consumption-boosting activities
The General Office of the Guizhou Provincial Government has issued the “Several Measures for Ensuring a Strong Start to the Provincial Economy in the First Quarter of 2026.” The document proposes further advancing the trade-in program for consumer goods. We will continue to support the trade-in of consumer goods such as automobiles, home appliances, digital products, and smart devices; optimize the timing of subsidy disbursements; and intensify publicity and outreach efforts to ensure the smooth implementation of these policies. We will crack down severely on illegal activities such as fraudulently obtaining subsidies and the practice of “raising prices first and then applying for subsidies.” Vigorously carry out activities to promote consumption. Deeply implement the special campaign to boost consumption and the three-year action plan to increase the income of urban and rural residents, and implement the paid staggered vacation system. Seize the consumption peak season of the "two festivals" (Spring Festival and National Day), organize events such as the "Time-Honored Brands Carnival," " "Guizhou Cuisine: Fall in Love with Guizhou Dishes," and the "Online New Year Shopping Festival," while coordinating the distribution of consumption vouchers for shopping malls, supermarkets, and New Year’s goods. Leveraging nighttime consumption hubs, food streets, and tourist attractions, organize distinctive consumption-boosting events such as New Year’s Eve galas, New Year markets, and lantern festivals.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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