China's Ministry of Finance reported that the central government has allocated 250 billion yuan in ultra-long-term special treasury bonds to support trade-ins of consumer goods, with 125 billion yuan already disbursed in the first half of the year, driving over 1.1 trillion yuan in related product sales. Additionally, the central government's budget for science and technology expenditures is set to increase by 10% in 2026, with basic research expenditures rising by 16.3%.