Newsletter summary
Hangzhou has introduced measures to promote the trade-in of automobiles and household appliancesArcadeoneupThe target is to trade in 80, 000 cars by 2027, the annual sales of new energy vehicles will reach 300000, and the annual sales of household appliances will increase by 20% on the basis of 2023.
Text of news flash
[Hangzhou Municipal Government has introduced measures to promote equipment upgrading and consumption upgrading] recently, the Hangzhou Municipal people's Government issued the "Hangzhou Circular on promoting large-scale equipment upgrading and Consumer goods Trade-in measures". The aim is to promote equipment renewal and consumption upgrading in Hangzhou.
According to the circular, the Hangzhou municipal government plans to implement the trade-in action for consumer goods, and it is estimated that by 2027, the cumulative number of cars in the city will reach 80,000. At the same time, the annual sales of new energy vehicles will also reach 300000, with a market penetration rate of more than 50 per cent. In addition, annual sales of household appliances are expected to increase by 20% compared with 2023.
These measures are expected to have a positive impact on Hangzhou's automobile, home appliance and new energy markets, and promote the development of related industries. At the same time, it will also help to improve consumers' awareness and acceptance of sustainable consumption.
In addition, the Hangzhou municipal government will also provide policy support and financial subsidies for these initiatives to encourage consumers to participate in the trade-in initiative.
The implementation of these measures will not only help promote the high-quality economic development of Hangzhou, but also provide new investment opportunities for investors. Investors can pay attention to Hangzhou's automobile, home appliance and new energy industries to take advantage of the investment opportunities brought about by this policy.