Guangdong Province: Organize the trade-in of old cars for new ones, and Guangzhou and Shenzhen further relax license plate quota restrictions

According to news from this website on April 13, the People's Government of Guangdong Province recently issued the "Implementation Plan for Promoting Large-Scale Equipment Updates and Trade-in of Consumer Goods in Guangdong Province."

As of 2027, the scale of equipment investment in industry, energy, agriculture, construction, transportation, education, cultural tourism, medical and other fields will increase compared with 2023 More than 25%; the annual standard recycling and dismantling volume of scrapped cars is about 800,000 units, the annual transaction volume of second-hand cars exceeds 4 million units, the annual recycling and dismantling volume of waste electrical appliances and electronics reaches 10 million units (sets), and the proportion of recycled materials in the capital supply The ratio has been further improved, and the level of recycling has been continuously improved.

The "Plan" mentioned that the trade-in of old cars for new ones will be carried out. Strengthen policy guidance, organize old car trade-in activities, and encourage car production and distribution companies to provide car purchase discounts through promotion activities, issuing replacement subsidies, and giving away charging piles to promote car replacement consumption. Strictly implement the mandatory scrapping standards for motor vehicles and vehicle safety and environmental protection inspection standards, and eliminate old cars that meet the mandatory scrapping standards in accordance with laws and regulations. Guangzhou and Shenzhen further relax restrictions on car licensing indicators.

The "Plan" also mentions promoting the replacement of furniture and home decoration consumer goods. Encourage qualified prefectures and cities to support residents in renovating old houses, partially upgrading kitchens and bathrooms, and retrofitting homes for aging through various methods such as government support and corporate profit sharing. Encourage furniture and home decoration companies to strengthen upstream and downstream cooperation, create online model rooms, and provide affordable products and service packages. Guide manufacturing companies to develop new terminal products around smart homes, encourage companies to promote new consumption scenarios such as smart homes.

This site learned that the "Plan" also encourages banking institutions to appropriately reduce the down payment ratio of passenger car loans and reasonably determine the term of car loans and credit under the premise of compliance with laws and regulations and controllable risks. Quota. Encourage banking institutions to introduce loan policies that support the renewal of old trucks.

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