Ministry of Commerce: Continuously optimize the implementation mechanism of the policy for trading in old products for new ones, and continuously improve the efficiency of subsidy review and fund disbursement.

On April 3, the Ministry of Commerce held a national TV and telephone conference to promote the work of trading in old products for new ones. The conference summarized the progress and effectiveness of the first quarter of the exchange program, and deployed the focus of the next step in expanding consumer goods trading. Deputy Minister of Commerce Sheng Qiuping attended the meeting and delivered a speech. Representatives from Zhejiang, Henan, Chongqing, and Shenzhen shared their experiences on expanding consumer goods trading during the meeting. Jiangxi and Hunan also provided explanations on the slow progress of subsidy fund disbursement for the exchange program. The meeting emphasized the importance of implementing the decisions and deployments of the Party Central Committee and the State Council. It highlighted the need to continuously optimize the implementation mechanism of the exchange program, effectively and orderly implement policies, adhere to the concept of "efficiently completing one task," and accelerate the efficient linkage between central and local platforms. It also stressed the need to strengthen data connectivity, continuously improve the efficiency of subsidy review and fund disbursement, and enhance the consumer experience. The meeting urged strict vigilance against fraudulent activities, strict enforcement against violations of the law, and ensuring that subsidy funds are used effectively. Representatives from the Ministry of Finance, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Public Security, the Ministry of Civil Affairs, the Ministry of Finance, the State Administration of Taxation, the State Administration for Market Regulation, and other units attended the main venue. Leaders from provincial commerce departments, autonomous regions, municipalities directly under the central government, and the Xinjiang Production and Construction Corps attended the meeting at the branch venues. This article is excerpted from the official website of the Ministry of Commerce. Editor: Feng Qiuyi.