MOFCOM: Promote Used Cars Market and Accelerate NEV Development

On April 21, the Ministry of Commerce of the people's Republic of China (MOFCOM) held a regular press conference. Gaofeng said that MOFCOM would take multiple measures to promote sustained consumption recovery to do an excellent job in epidemic prevention and control. The main actions include:

First, improve the energy level of traditional consumption. We will encourage large-scale consumption of automobiles and household appliances, deepen reform in the field of automobile circulation, expand the circulation of second-hand cars, support the accelerated development of new energy vehicles, and encourage local governments to carry out green and intelligent household appliances in the countryside and trade the old for the new.

Second, accelerate the development of new consumption. Accelerate the integration of online and offline consumption patterns, and encourage the development of new business formats, new models and new scenarios. Promote the innovation and development of traditional brands and promote brand consumption. Advocate a simple and low-carbon lifestyle and encourage new energy consumption.

Third, optimize the consumption platform. CMC accelerated the cultivation and construction of international consumer cities, promoted the high-quality development of pedestrian streets, conducted the demonstration creation of smart business circles and smart stores, and accelerated the construction of a quarter-hour convenient life circle. Accelerate the implementation of County commercial construction, promote the sinking of the supply chain, logistics distribution, commodity services and agricultural products, and guide commercial circulation companies and e-commerce platforms to extend to rural areas.