ChinaTrade-In Program Has Driven More Than 2 Trillion Yuan in Sales for Related Categories So Far This Year
CCTV.com report (Xinwen Lianbo): The latest data from the Ministry of Commerce show that, as of October 28, the 2026 trade-in policy had cumulatively driven sales of related goods exceeding 2 trillion yuan and benefited more than 257 million person-times, with the policy’s multiple effects continuing to emerge.
央视网消息（新闻联播）：商务部最新数据显示，截至10月28日，2026年以旧换新政策累计带动相关商品销售额超2万亿元，惠及超2.57亿人次，以旧换新政策多重成效持续显现。
In boosting consumption, sales volume of digital products such as mobile phones and tablets that received trade-in subsidies increased 44.8% year on year, driving an 18.1% year-on-year increase in retail sales of communications equipment in the first three quarters. More than 736,000 brick-and-mortar stores participated in the trade-in policy, up 37.1% year on year, providing strong support for the development of offline physical retail.
在拉动消费方面，享受以旧换新补贴的手机、平板等数码产品销量同比增长44.8%，带动前三季度通讯器材类零售额同比增长18.1%。参与以旧换新政策的线下门店数量超73.6万家，同比增长37.1%，有力支撑线下实体零售发展。
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ReportedEconomic data28 October 2026+
As of October 28, the 2026 trade-in policy had driven more than 2 trillion yuan in sales of related goods, benefiting people on more than 257 million occasions.
CCTV.com report (Xinwen Lianbo): The latest data from the Ministry of Commerce show that, as of October 28, the 2026 trade-in policy had cumulatively driven sales of related goods exceeding 2 trillion yuan and benefited more than 257 million person-times, with the policy’s multiple effects continuing to emerge.Original Chinese quote
截至10月28日，2026年以旧换新政策累计带动相关商品销售额超2万亿元