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:
Related suggestion:
Panthers put more offensive playmakers around young QB Bryce Young in NFL draftBucks' Lillard has MRI, team awaiting results before deciding if he plays in Game 4 vs. PacersSheffield United becomes first team relegated from EPL after heavy loss at NewcastleMexican journalist is slain south of Mexico City, spurring outrage among colleaguesRussia vetoes UN Security Council draft resolution on weapons of mass destruction in outer spaceAnthony Edwards scores 36 points, Timberwolves beat Suns 126Caitlin Clark revs up Pacers fans with pregame playoff appearance in IndyCar replicaNadal gets even with De Minaur at Madrid Open. Top seeds Sinner and Swiatek advanceDavid Pryor, former governor and senator of Arkansas, is rememberedMexican journalist is slain south of Mexico City, spurring outrage among colleagues
3.6803s , 4672.9140625 kb
Copyright © 2024 Powered by China unveils plan on equipment renewal, trading ,Global Glossary news portal