Chongqing issued a circular on policies and Measures to Promote consumption recovery and development

Chongqing issued a notice on Policies and Measures to Promote Consumption Recovery and Development, which stated that it will steadily expand the consumption of key commodities and bulk commodities, promote the upgrading of automobile consumption, and provide subsidies for the “trade-in” of old cars. Natural persons eligible for the “trade-in” of passenger cars from March to June 2022 will be given a subsidy of 2,000 yuan per car.We will encourage consumption of green home appliances, and support home appliances and furniture enterprises in trading in old ones for new ones or replacing old ones with old ones.

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