National Development and Reform Commission: Accelerate the formulation and revision of standards in the "Two New" fields, strengthen supervision of standard implementation


The National Development and Reform Commission recently issued the "Notice on Strengthening and Expanding the Implementation of Large-scale Equipment Upgrades and Consumer Goods Trade-in Policies by 2025" (hereinafter referred to as the "Notice"). The Notice clarifies that the role of standards in driving improvements should be fully utilized, accelerating the formulation and revision of standards, benchmarking against international advanced levels, enhancing mandatory technical, energy consumption, and emission indicators for key industries and important equipment, promoting the upgrade of quality and safety standards for major durable consumer goods such as automobiles, home appliances, and home decoration, and speeding up the development of energy efficiency or water efficiency standards in fields such as smart homes and digital products; by the end of 2025, all 294 key national standards specified in the "Two New" field standard improvement action plan should be formulated or revised on schedule. At the same time, focus should be placed on the implementation of important standards, improving the quality supervision and sampling inspection system, including home appliances, furniture and building decoration materials, electronic and information technology products, transportation tools and related products in the national key industrial product quality and safety supervision catalog; research the inclusion of the implementation of key national standards in the "Two New" fields into the central quality inspection assessment.

 
National Development and Reform Commission and Ministry of Finance on 2025 Strengthening and expanding the implementation of large-scale equipment upgrades and consumer goods
Trade-in policy notice
Development Reform Environment and Resources [2025] No. 13
People's governments of all provinces, autonomous regions, and municipalities directly under the Central Government, all ministries and commissions of the State Council, and all directly affiliated institutions:   
To fully implement the spirit of the 20th National Congress of the Communist Party of China and the second and third plenary sessions of the 20th Central Committee, conscientiously implement the deployment of the Central Economic Work Conference, and according to the "Action Plan for Promoting Large-scale Equipment Upgrades and Consumer Goods Trade-in" (Guo Fa [ 2024 ] 7 No.), with the approval of the State Council, the notice on strengthening and expanding the implementation of large-scale equipment upgrades and consumer goods trade-in policies in the year is hereby issued as follows. 2025 Year strengthening and expanding the implementation of large-scale equipment upgrades and consumer goods trade-in policy notice as follows.
I. Strengthen the promotion of equipment upgrades
(1) Increase support for equipment upgrade projects in key areas. Increase the scale of funds supported by ultra-long-term special government bonds for equipment upgrades in key areas. On the basis of continuing to support equipment upgrades in industries such as industrial, energy-using equipment, energy and power, transportation, logistics, environmental infrastructure, education, cultural tourism, medical care, and old elevators, the support scope will be further expanded to fields such as electronic information, safety production, and facility agriculture, with a focus on supporting the application of high-end, intelligent, and green equipment. Encourage capable localities to use industrial parks and industrial clusters as carriers to deploy and implement equipment upgrades on a large scale. Equipment upgrade projects in key areas will be supported by the National Development and Reform Commission in conjunction with relevant departments through investment subsidies and other means, generally following the " local review, national re-examination method for screening and control, simplifying the application and approval process, and effectively improving work efficiency.
(2) Strengthen the implementation of interest subsidies for equipment upgrade loans. Leverage the role of the technology innovation and technical transformation re-lending policy tool. For bank loan principals related to equipment upgrades of eligible business entities, on the basis of central government interest subsidies of 1.5 percentage points, the National Development and Reform Commission will allocate ultra-long-term special government bond funds for additional interest subsidies, further reducing the financing costs of equipment upgrades for business entities. Relying on the promotion of " "Two New" inter-ministerial joint meeting system, strengthen cross-departmental coordination and information feedback for equipment upgrade loan interest subsidies, optimize the entire chain of project application, document review, list pushing, and fund disbursement processes, and enhance policy transparency and awareness.
(3) Accelerate the assessment and diagnosis of existing equipment and project reserves. Benchmark against mandatory standards such as technology, energy consumption, emissions, safety, and industrial structure adjustment guidance catalogs, equipment elimination catalogs, etc., conduct in-depth assessments and diagnoses of existing equipment in fields such as industry, agriculture, energy, construction, transportation, education, cultural tourism, and medical care, and clarify equipment upgrade target tasks and implementation plans by field and industry. Rely on the national major construction project database to strengthen the regular reserve of equipment upgrade projects in key areas, enhance various element guarantees, and improve project maturity and feasibility. Improve a long-term mechanism combining incentives and constraints, and eliminate backward and inefficient equipment in accordance with laws and regulations.
(4) Strengthen the implementation of scrapping and upgrading projects for old operating vessels. Improve the implementation method of subsidies for scrapping and upgrading old operating vessels, continue to support eligible old operating vessels for scrapping and upgrading. Strengthen the planning and tracking scheduling of scrapping and upgrading projects for old operating vessels to promote efficient project implementation.
(5) Expand support for scrapping and upgrading old operating trucks and agricultural machinery. On the basis of implementing the 2024 year support policy, the subsidy scope for scrapping and upgrading old operating trucks will be expanded to operating trucks meeting National IV and below emission standards, and the subsidy standards will be implemented according to the "Notice on Implementing the Scrapping and Upgrading of Old Operating Trucks" (Jiao Gui Hua Fa [ 2024 ] 90 No.]). Based on the "Supplementary Notice on Strengthening the Work to Continuously Implement the Agricultural Machinery Scrapping and Upgrading Subsidy Policy" (Nong Ban Ji [ 2024 ] 5 No.]), rice transplanters are included in the scrapping and upgrading subsidy scope and supported with reference to the rice planting machine scrapping subsidy policy; for scrapping and upgrading cotton pickers, the maximum subsidy amount per unit is increased from 6 ten thousand yuan to 8 ten thousand yuan; field operation detection terminals, plant protection drones, grain dryers, color sorters, and flour mills are included in the scrapping and upgrading subsidy scope, with subsidy standards calculated by each region according to regulations; the upper limit of the types of agricultural machinery eligible for scrapping and upgrading subsidies determined independently by each region is increased from 6 to 12 .
(6) Increase subsidy standards for new energy urban buses and power battery upgrades. Strengthen the promotion of electrification replacement of urban buses, upgrading urban buses aged 8 years and above and power batteries beyond the warranty period, with an average subsidy amount per vehicle of 6 ten thousand yuan to 8 ten thousand yuan. Localities may maintain the power battery upgrade subsidy standards basically stable and independently determine vehicle upgrade subsidy standards. The Ministry of Transport guides regions to ensure smooth connection and orderly transition of preferential policies.
II. Expand support for consumer goods trade-in
(7) Optimize the allocation of funds for consumer goods trade-in. Continue to directly allocate ultra-long-term special government bond funds to localities to support consumer goods trade-in. The National Development and Reform Commission, in consultation with the Ministry of Finance, comprehensively considers factors such as the permanent resident population, regional GDP, vehicle and home appliance ownership, 2024 year consumer goods trade-in policy and fund implementation status, reasonably determine the scale of support funds for each region, and allocate funds towards 2024 Regions with better performance in annual consumer goods trade-in programs should be moderately favored. All regions should focus on key areas, prioritize support for trade-in of major durable consumer goods, explore the linkage between subsidy policies and financial support, fully leverage policy funds to drive effect, and promote more high-quality durable consumer goods entering residents' lives.
(8) Expand the scope of support for automobile scrappage and renewal. Based on the "Notice on Further Improving the Work Related to Automobile Trade-in" (Commercial Consumption Letter [ 2024 ] 392 No.) foundation, include eligible National IV emission standard fuel passenger cars in the range of old vehicles eligible for scrappage renewal subsidies. Individual consumers scrapping 2012 Year 6 Month 30 Passenger cars registered on or before the day (inclusive, the same below) of gasoline, 2014 Year 6 Month 30 Passenger cars registered on or before the day of diesel and other fuel, or 2018 Year 12 Month 31 Passenger cars registered on or before the day of new energy, and purchase new energy passenger cars included in the "Catalogue of New Energy Vehicles Exempt from Vehicle Purchase Tax" or 2.0 Fuel passenger cars with displacement of liters or below, subsidy per new energy passenger car purchased 2 Ten thousand yuan, purchase 2.0 Fuel passenger cars with displacement of liters or below, subsidy per unit 1.5 Ten thousand yuan. Individual consumers applying for subsidies according to this notice must scrap the corresponding motor vehicle registered under their name before the date of this notice.
(9) Improve the subsidy standards for automobile replacement and renewal. Individual consumers who transfer passenger cars registered under their name and purchase new passenger cars will receive automobile replacement and renewal subsidy support, with a maximum subsidy of 1.5 Ten thousand yuan per new energy passenger car purchased, and a maximum subsidy of 1.3 Ten thousand yuan per fuel passenger car purchased. Individual consumers applying for subsidies according to this notice must have transferred the existing passenger car registered under their name no later than the date of this notice. The detailed rules for automobile replacement and renewal subsidies shall be reasonably formulated by each region according to this notice and actual conditions.
(10) Increase support for home appliance trade-in. Continue to support trade-in of refrigerators, washing machines, televisions, air conditioners, computers, water heaters, household stoves, range hoods, and other 8 Types of home appliances, including microwaves, water purifiers, dishwashers, rice cookers, and other 4 Types of home appliances within the subsidy scope. Individual consumers purchasing the above-mentioned 12 Types of home appliances with 2 Level energy efficiency or water efficiency standards will receive subsidies based on the product sales price of 15%1 Level energy efficiency or water efficiency standards will receive subsidies based on the product sales price of 20% Each consumer can receive subsidies for 1 Units (air conditioners can be subsidized up to 3 Units), with each unit subsidized up to 2000 Yuan. 2024 Individual consumers who have received trade-in subsidies for certain types of home appliances in the year 2025 Can continue to enjoy subsidies when purchasing the same type of home appliances in the year.
(11) Implement new purchase subsidies for mobile phones and other digital products. For individual consumers purchasing mobile phones, tablets, smart watches, wristbands, and other 3 Types of digital products (single item sales price not exceeding 6000 Yuan), subsidies will be given based on the product sales price of 15% Each consumer can receive subsidies for 1 Units, with each unit subsidized up to 500 Yuan.
(12) Actively support the replacement of home decoration consumer goods. Increase subsidies for individual consumers purchasing items and materials used in old house renovations, partial kitchen and bathroom renovations, and home aging adaptations, actively promoting smart home consumption. Subsidy categories, standards, limits, and implementation methods shall be reasonably determined by relevant departments guiding regions according to actual conditions.
(13) Accelerate the promotion of electric bicycle trade-in. Regions should further improve subsidy implementation rules, optimize subsidy methods, simplify procedures, strengthen market supervision, and accelerate the promotion of electric bicycle trade-in. Individual consumers who trade in old electric bicycles for scrappage and purchase new ones will receive trade-in subsidies; those who trade in old lithium-ion battery electric bicycles for scrappage and purchase new lead-acid battery electric bicycles may receive increased subsidies. The subsidy standards for electric bicycle trade-in shall be reasonably formulated by relevant departments guiding regions according to actual conditions.
3. Accelerate the improvement of recycling and reuse levels.
(14) Strengthen the capacity building for recycling and reuse. Continue to allocate ultra-long-term special national bond funds to support high-level recycling and reuse project construction. Support China Resources Recycling Group Co., Ltd. in accelerating the establishment of national and functional resource recycling platforms to smooth the resource recycling chain. Support the supply and marketing cooperative system to leverage grassroots outlets, accelerate the improvement of standardized and regulated recycling networks, and promote the integration of household waste collection and transportation systems with renewable resource recycling systems. " Integration of two networks. Strengthen scientific and technological research on major recycling and reuse equipment, and cultivate a number of backbone enterprises in the resource recycling field.
(15) Promote the upgrade of second-hand goods trading and remanufacturing industries. Promote pilot construction of second-hand goods circulation, encourage " Internet + second-hand Model development. Support platform enterprises and third-party institutions to provide second-hand goods quality inspection services and information erasure inspection services. Support the export of second-hand vehicles that meet quality and other relevant requirements. Encourage remanufacturing of eligible waste electromechanical equipment, with remanufactured products' quality characteristics and safety and environmental performance not lower than the original new products. Replicate and promote key industry remanufactured product import pilot measures in free trade pilot zones.
(16) Support the recycling and treatment of waste electrical and electronic products. 2025 In the year, the central government will continue to allocate special funds and adopt " Reward instead of subsidy Methods to support the recycling and treatment of waste electrical and electronic products, promoting healthy industry development. Quickly issue supporting documents for the management measures of special funds for waste electrical and electronic product treatment, clarify enterprise standards and required conditions for inclusion in fund support, and guide enterprises toward environmentally friendly and standardized dismantling.
(Seventeen) Promote the high-quality development of the resource recycling industry. Accelerate the promotion of resource recycling enterprises selling scrapped products to natural persons. " Reverse invoicing. , regulate the tax order of the resource recycling industry. Implement special actions to promote the application of recycled materials, enforce the extended producer responsibility system, and support manufacturers of automobiles, electrical and electronic products to increase the proportion of recycled materials used. Strictly crack down on " workshop-style. Recycling and dismantling, investigate and deal with illegal recycling and dismantling of scrapped motor vehicles, discarded electrical and electronic products, retired new energy equipment, retired power batteries, etc., according to laws and regulations.
4. Fully leverage the guiding role of standards.
(Eighteen) Accelerate the formulation and revision of standards. Benchmark against international advanced levels, improve mandatory technical, energy consumption, emission and other indicator requirements for key industries and important equipment, promote the upgrade of quality and safety standards for major durable consumer goods such as automobiles, home appliances, and home decoration, and accelerate the formulation of energy efficiency or water efficiency standards in fields such as smart homes and digital products. Strengthen the supply of standards in the field of resource recycling, and study and formulate standards for recycling, dismantling, and reuse in key areas such as scrapped motor vehicles, discarded electrical and electronic products, retired new energy equipment, and retired power batteries. Complete all 294 key national standard formulation and revision tasks specified in the "Two New" field standard improvement action plan on schedule by the end of 2025.
(Nineteen) Strengthen supervision of standard implementation. Focus on the implementation of important standards, improve the quality supervision and spot check system, include home appliances, furniture and building decoration materials, electronic and information technology products, transportation tools and related products in the national key industrial product quality and safety supervision catalog. Study including the implementation of key national standards in the "Two New" fields into the central quality inspection and assessment. Continue to expand the scope of energy efficiency and water efficiency label implementation, organize the selection of product equipment energy efficiency and water efficiency "leaders." Strictly enforce mandatory standards for energy consumption, pollutant emissions, etc., and enhance the binding force of standards.
5. Strengthen organizational implementation.
(Twenty) Strengthen organizational leadership. The National Development and Reform Commission plays the leading role in the inter-ministerial joint meeting system, " "Two New" and, together with the Ministry of Finance, arranges 2025 the implementation of ultra-long-term special national bond funds for the year to expand and strengthen efforts. " "Two New" Policies, strengthen overall coordination and tracking scheduling. The Ministry of Commerce, Ministry of Transport, Ministry of Agriculture and Rural Affairs and other departments accelerate the refinement of subsidy standards in related fields according to their responsibilities, improve implementation rules, and promptly organize local implementation of relevant policies. The Ministry of Commerce integrates the national general consumer subsidy data platform, facilitates data sharing and automatic comparison, simplifies the review process, and enhances supervision capabilities. Provincial-level people's governments should combine actual conditions to promptly implement policies to expand and strengthen efforts, " "Two New" strengthen responsibilities of all parties, enhance coordination and promotion, grasp the work rhythm, fully leverage enthusiasm, initiative, and creativity, and continuously amplify " "Two New" policy effects.
(Twenty-one) Strengthen financial support. The National Development and Reform Commission leads the arrangement of ultra-long-term special national bond funds to support equipment renewal, used to implement the support policies listed in Articles (1), (2), (4), and (14) of this notice and eligible project construction; directly allocate ultra-long-term special national bond funds to localities to support consumer goods trade-in, used to implement the support policies listed in Articles (8), (9), (10), (11), (12), (13), as well as (5) and (6). The funds directly allocated to localities are generally implemented under the principle of '9:1' central-local cost-sharing, with the central government's share in the eastern, central, and western regions being respectively 85%90%95% . Provincial finances arrange matching funds proportionally according to the central fund allocation, and the cost-sharing method below the provincial level is determined by provincial finances. All regions must strictly implement the relevant support standards specified in this notice, and other specific support standards and categories are reasonably determined by each region according to actual conditions to ensure that fund allocation meets " "Two New" policy requirements. All regions should promptly complete 2024 the settlement of consumer goods trade-in subsidy funds for the year, ensure smooth cross-year connection and orderly transition of related support policies. If a region exhausts the central allocation for consumer goods trade-in subsidies, the excess part shall be supported by local funds, and the central government will no longer bear the cost. As of 2025 Year 12 Month 31 the day, unused central allocations for consumer goods trade-in subsidies will be recovered by the central government.
(Twenty-two) Optimize participation thresholds. All regions should reasonably determine and timely update the list of business entities participating in consumer goods trade-in activities, and shall not restrict participation based on sales volume, advance payment ability, etc. They should equally support online and offline business entities, as well as entities of different ownership, registration locations, and scales. Under the premise of good risk prevention and control, regions should pre-allocate some funds to corresponding payment platforms or business entities according to actual conditions to improve fund settlement efficiency and reduce enterprise advance payment and operational pressure.
(Twenty-three) Simplify subsidy procedures. All regions should adhere to the principles of convenience and benefit to the people, issue consumer goods trade-in subsidy qualifications through widely known and frequently used government platforms, mobile applications, etc., to reduce repeated information filling from the source. They shall not restrict consumers' payment methods or types of payment vouchers, nor require business entities to purchase new payment equipment as a condition for participation. Optimize the review process for automobile, home appliance, and other consumer goods trade-in subsidies, strengthen cross-department data connectivity and sharing, promote electronic certification of motor vehicle recycling certificates and other vouchers, implement multi-department joint review and approval, and reduce unnecessary approval levels and steps. Under proper fund supervision, regions should clarify the time limit requirements from approval to fund disbursement to consumers, striving for timely and efficient subsidy payment.
(Twenty-four) Regulate market order. All regions should organize business entities participating in consumer goods trade-in activities to make public commitments on product sales prices. For those found to violate price commitments, " raising prices before discounting, and other price violations, as well as business entities that fraudulently obtain subsidy funds, their participation qualifications shall be immediately canceled and national subsidy funds recovered. Smooth consumer complaint channels, strengthen quality supervision and spot checks of consumer goods, severely crack down on counterfeit, inferior, old-for-new, unqualified products posing as qualified products, and falsification or misuse of energy efficiency and water efficiency labels. Handle illegal acts of fraudulently obtaining national subsidy funds according to laws and regulations, and transfer suspected criminal cases to judicial authorities for strict investigation and punishment. Regions should implement the requirements to accelerate the construction of a unified national market, break local protectionism, remove regional and channel restrictions, and promote fair competition.
(Twenty-five) Strengthen project fund supervision. Relevant departments shall, according to their division of responsibilities, strengthen the full-chain supervision and guidance over the implementation of local projects and the use of funds, coordinate online monitoring and early warning with offline on-site inspections, and resolutely prevent issues such as untimely fund allocation, delayed use, and misappropriation. Provincial-level people's governments are the primary responsible entities for project and fund management. They must strictly manage the funds from ultra-long-term special national bonds, conduct routine scheduling and on-site supervision of equipment renewal projects, strictly implement the centralized treasury payment system, uphold the bottom line for fund usage, and must not falsely list or report expenditures or substitute allocations to avoid fund idling. For those not meeting the above requirements or violating financial discipline, funds shall be recovered promptly, and responsible personnel shall be held accountable according to laws and regulations.
(Twenty-six) Strengthen tracking and evaluation. The National Development and Reform Commission, together with relevant departments, strengthens the evaluation and supervision of the expansion and intensification of implementation across regions and sectors. " "Two New" Policy evaluation and supervision, urging the implementation of key tasks, and coordinating the resolution of difficult and obstructive issues. Relevant departments and provincial-level people's governments shall conduct self-assessments and inspections on work progress, project implementation, fund usage, and achievement of performance targets, and promptly report on fund usage and performance target completion to the National Development and Reform Commission and the Ministry of Finance. The National Development and Reform Commission, in consultation with the Ministry of Finance, will compile a performance evaluation report and use the evaluation results as an important basis for optimizing subsequent fund arrangements.
(Twenty-seven) Strengthen publicity and guidance. All regions and relevant departments shall vigorously publicize " "Two New" policy progress and effectiveness, promptly provide policy interpretations, and actively respond to social concerns. Regions shall carry out diverse publicity activities deeply in communities, enterprises, and other grassroots frontlines, and provide detailed explanations of " "Two New" policy connotations and specific operational methods. Strengthen collaboration among government, enterprises, and social organizations, promote typical models and advanced experiences, and vigorously create a favorable social atmosphere.
National Development and Reform Commission
Ministry of Finance
2025 Year 1 Month 5 Day

 

 

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