What is a Trade-In Allowance?

The policy of "old for new" is a good policy for the benefit of the country, the people, and the enterprise, jointly promoted by relevant departments under the personal promotion of the leadership of the State Council. While the Party Central Committee and the State Council fully implemented home appliances to the countryside and cars and motorcycles to the countryside, in May 2009, they introduced a trade-in policy for replacing old cars with home appliances, and promoted consumption through the policy tool of financial subsidies. This policy, together with the auto going to the countryside and home appliances going to the countryside, constitutes a policy system to expand the consumption of cars and home appliances. It is an important measure for macro-control, which can effectively bring out the benefits of fiscal multiples and expand consumer demand.

Trade-in policy

The policy of "old for new" is a good policy for the benefit of the country, the people, and the enterprise, jointly promoted by relevant departments under the personal promotion of the leadership of the State Council. While the Party Central Committee and the State Council fully implemented home appliances to the countryside and cars and motorcycles to the countryside, in May 2009, they introduced a trade-in policy for old cars and home appliances.
(1) Drive domestic demand. With the acceleration of industrialization and urbanization, the consumption of automobiles and home appliances in China has increased rapidly, the number of owners has increased significantly, and the potential for elimination and renewal is great. According to forecasts, in 2009, the number of scrapped cars will reach 2.7 million, and the number of scrapped appliances will reach nearly 90 million.
Adopting financial subsidies to encourage cars and home appliances to "replace old with new", establish an effective incentive mechanism, further expand domestic demand, especially consumer demand, promote energy conservation and emission reduction, and develop a circular economy. Adhere to the expansion of consumption policies such as automobiles and motorcycles going to the countryside and home appliances to the countryside;
The trade-in of home appliances for automobiles is conducive to energy conservation and emission reduction, to the development of circular economy, and to the expansion of employment. Every year, nearly 90 million units of televisions, refrigerators, washing machines, air conditioners, and computers are discarded, and the number is still quite large. The policy of replacing old appliances with new ones can greatly promote consumption and promote the development of circular economy in our country.
From the point of view of consumers, old cars and home appliances can be sold, and new cars and home appliances can save energy when they are bought back, which not only increases income and costs, but also increases the level of consumption, and has many benefits.
In terms of enterprises, it can also effectively make up for the market share due to the decline in exports.
From the perspective of environmental protection, the implementation of the "old for new" of automobiles and home appliances is conducive to improving the energy efficiency of automobiles and home appliances, reducing environmental pollution, and fully recycling resources such as steel, non-ferrous metals, plastics, and rubber in used automobiles and home appliances. Utilize and promote the development of circular economy.
The characteristics of "swap for new": First, the consumers in cities and towns are also included in the scope; Second, the increase from 1 billion yuan to 5 billion yuan for the replacement of automobiles is not just a simple growth, but a bigger leap. Already. Third, it is conducive to energy conservation and emission reduction, improve the efficiency of resource utilization and reduce environmental pollution.
Home appliances
Home appliances
Implementation scope
Nationwide
All regions except Hainan (including five autonomous regions including Mongolia, Guizhou, Tibet, Ningxia, and Xinhua, as well as the state-determined earthquake-stricken areas and counties in the state, shall be fully funded by the central government)
Subsidized products
Color TV, refrigerator, washing machine, mobile phone, air conditioner, water heater, induction cooker, microwave oven, computer
Color TV, refrigerator, washing machine, air conditioner, computer
Subsidy ratio
13%
10%
Subsidies
Apply to the local finance department with the purchase invoice
Deducted from product sales price
Purchase limit
2
Unlimited
Implementation cycle
As of December 31, 2012
As of December 31, 2011
Vendor selection
Tender for home appliance manufacturers and distribution companies
Tenders for sales and recycling companies
Limit price
Restricted product prices: The unit price of color TVs does not exceed 3500 yuan; the unit price of refrigerators (including freezers) does not exceed 2500 yuan; the unit price of mobile phones does not exceed 1,000 yuan; the unit price of washing machines does not exceed 2,000 yuan.
Set subsidy caps: RMB 400 / set for TV, RMB 300 / set for refrigerator (including freezer), RMB 250 / set for washing machine, RMB 350 / set for air conditioner, RMB 400 / set for computer
According to the decision of the State Council, the central government allocated 7 billion yuan in funds in 2009 for use from June 1, 2009 to May 31, 2010 to encourage auto appliances to be replaced with new ones. Experts predict that in 2009, more than 1 million old and new cars and 5 million home appliances will be driven, which will increase consumer demand by more than 125 billion yuan. At the same time, recovering 2.3 million tons of various resources and saving 1.6 million tons of standard coal can also achieve the goal of reducing pollutants and increasing employment opportunities.
Three measures are taken to guarantee the quality of the old products. First, the companies that have won the bid for the sale of new home appliances are required to sign relevant commitment agreements, strictly control the purchase, eliminate counterfeits and inferior products, and ensure that home appliances are replaced with new ones. The products must meet national quality standards. Second, in addition to the financial and commercial departments, industry and commerce, quality inspection and other departments work together to increase market supervision and inspection. Through timely inspection or random sampling, timely inspection of successful bidders is conducted to ensure the quality of home appliances. . Third, give full play to the role of the 12315 consumer complaint reporting network, and at the same time give full play to the role of the news media in monitoring. I think through these three measures, the quality of the product can be guaranteed.

Trade-in policy implementation scope

As for the specific arrangements for the national promotion of home appliances for new ones, according to the regulations, the Ministry of Finance will work with the Ministry of Commerce and other departments based on the pilot situation, economic situation, financial affordability, local will, and the "Recycling of Waste Electrical and Electronic Products" to be implemented in 2011. Handle factors such as the convergence of the Management Regulations, consider them as a whole, put forward specific plans for approval after implementation by the State Council.

Trade-in policy

1. Non-pilot provinces and cities do not enjoy household registration policy
Units and individuals, whether they are cars or home appliances, can enjoy the trade-in policy as long as they meet the requirements. Consumers who have lived in this place for a long time, but their hukou is not here. If they enjoy this policy, there are no restrictions on cars and home appliances. Home appliances are only piloted in 9 provinces and cities. According to current regulations, it is not allowed. First, the need for easy review. Second, the local government must bear 20% of the subsidy funds. Third, the policy clearly stipulated by the State Council is a pilot. Since it is a pilot, it should be limited. Cars are registered accounts registered for old cars, cars have registered accounts, and household appliances have no registered accounts. The owner should apply for subsidy at the place where the vehicle registration of the scrapped vehicle is located. Abandoned home appliances, even if they have certain functions, but follow this policy path, they must be sent for disassembly. If the consumer believes that he chose to sell the used home appliances as second-hand products instead of abandoning them, it is not within the scope of this policy adjustment, and he will not be able to enjoy the related preferential policy of "old for new".
2. Scope and standards of subsidies
The scope of home appliances replacement subsidies includes TV sets, refrigerators (freezers), washing machines, air conditioners, and computers. Consumers, including units and individuals, who have sold the above-mentioned 5 types of products and purchased the above-mentioned 5 types of new products in the pilot provinces and cities can give subsidies at 10% of the sales price of new home appliances. At the same time, considering the financial affordability and other factors, they have also set up The maximum subsidy is 400 yuan / set for televisions, 300 yuan / set for refrigerators (including freezers), 250 yuan / set for washing machines, 350 yuan / set for air conditioners, and 400 yuan / set for computers. Consumers directly apply for subsidies when purchasing new home appliances with old-for-new vouchers after the sale of old home appliances. The sales company will review them on behalf of the financial department, and will pay the subsidy funds after deducting the sales price of the new home appliances.
Third, cross-purchase: You can cross -purchase among the five types of home appliances, such as selling a refrigerator, you can buy a new TV or computer, this is fine, there are no restrictions.
Fourth, the determination of recycling prices of used household appliances Pilot provinces and municipalities must fully consider the opinions of relevant parties, guide the winning bidders to reasonably formulate the waste appliance recycling guide price and promptly announce it, and supervise the winning bidders to recycle used appliances at fair and reasonable prices .
V. Sales enterprises, recycling enterprises, dismantling and processing enterprises: According to the regulations formulated by the Ministry of Finance, the Ministry of Commerce, the Ministry of Environmental Protection and other departments, in accordance with regulations, sales enterprises of new appliances and recycling enterprises of old appliances require local authorities to formulate relevant measures and pass tenders. To make sure. Now the 9 pilot provinces and cities have basically completed the bidding, and the household appliances sales and recycling companies have also been basically determined. It should be said that the basic conditions for these enterprises are a relatively large sales scale and a good corporate reputation, and the distribution of corporate outlets must be wide to facilitate consumers.
The dismantling of old electrical and electronic products with old ones is an important part of this work. According to the "Notice of the General Office of the State Council on Forwarding the Implementation Plan of the Development and Reform Commission and Encouraging the Expansion of Domestic Demand to Encourage the Replacement of Car Appliances", and the Ministry of Finance, the Ministry of Commerce, the Development and Reform Commission, and the Ministry of Environmental Protection, etc. The electrical appliance dismantling enterprise is determined by the existing provincial and municipal people's governments for the replacement of the old ones from the existing dismantling and processing enterprises. During the pilot period, in principle, 7 + 2 provinces and cities, each pilot province selects 1-2, and one pilot city selects one. Enterprises must meet the requirements of relevant national environmental protection laws and regulations, and have the following basic conditions:
(1) The basic conditions for environmental protection, that is, independent legal entities listed in the directory of e-waste dismantling and disposal units (including temporary directories) in accordance with the former State Environmental Protection Administration Order No. 40-"Administrative Measures for the Prevention and Control of Environmental Pollution by Electronic Waste" Excluding individual businesses.
(2) Personnel conditions: there must be relevant environmental, quality, and safety management and technical personnel.
(3) Requirements for hardware: there must be relevant facilities and equipment for classification, packaging, storage, disassembly, and disposal that are compatible with dismantling and disposing of used household appliances.
(4) Regarding the requirements for in-depth treatment: that is, waste electrical appliances and their dismantled products that cannot be further processed should have a proper utilization or disposal plan.
(5) Information requirements for enterprises: they must have the ability to record and verify the dismantling and processing data of waste household appliances through the management information system of home appliances being replaced with new ones; and establish a record book system for the management of waste household appliances.
(6) Integrity requirement: The selected dismantling enterprise has not been punished by the environmental protection department in the past three years. Units that are not honest can not be selected as the dismantling and processing unit for this home appliance. This is the basic requirement for dismantling enterprises, especially dismantled enterprises for dismantling electrical and electronic products.

Trade-in policy

Beijing
1. Beijing residents buy TV sets, refrigerators, washing machines, air conditioners, and computers in the form of "old for new". In principle, subsidies are given at 10% of the sales price of new appliances, and the maximum subsidy amount is determined by type. A fixed amount of subsidy will be provided for the transportation costs of recycling the old appliances within the subsidy scope and sending them to the dismantling and processing enterprise.
2. Beijing Suning, Dazhong, and Gome three major home appliance stores promised: "Replacement of old with new" will not affect other offers. The three home appliance stores also said that as long as the national policy is put in place, consumers can participate in other preferential activities of the store when they participate in the home appliance "trade-in" event. "For example, there is a" color TV straight down 500 "event, we will give consumers a 10% discount on the basis of price reductions."
3. Since Beijing launched the trade-in for one week on August 10, it has sold over 2,000 new home appliances. The Beijing Municipal Commission of Commerce announced yesterday (August 18) that as of 9 pm on the 15th, 15 old-for-new home appliance sales companies have sold a total of 2112 new home appliances. The proportion of various types of home appliances participating in the trade-in is: TV 46%, refrigerator 17%, computer and washing machine 14% each, air conditioner 9%. In response to the public's expectations of "incorporating mobile phones into the ranks of home appliances for new ones," Tang Yonghong, director of the Service Transaction Office of the Municipal Commercial Committee, said yesterday that the current home appliances replacement policy is in the pilot stage. Five categories of televisions, computers, refrigerators, washing machines and air conditioners were selected. If the voice of those who have not been selected is very high, the new catalogue may be adjusted according to the specific situation in the future.
Nanjing
Nanjing's home appliances "for the old" will start soon. The relevant preparations for Nanjing are nearing completion. At the beginning of August, the first round of bidding for home appliances "for the new" was held in Jiangsu. The bidding results were announced on the afternoon of August 11, and Suning, Wuxing and other companies were shortlisted.
Shanghai
On August 15, 2009, Shanghai officially launched the home appliance trade-in program. The subsidy covers 5 types of home appliances such as televisions, refrigerators, washing machines, air conditioners, and computers. Not restricted by manufacturers, brands, models, purchasers can apply for the sale of used home appliances to designated recycling companies through the Internet, telephone, etc. The latter will be collected at the door and issued a national unified "home appliance replacement certificate". One voucher can be used to purchase these five new types of home appliances at designated sales companies, and the subsidies are deducted directly from the price.
According to regulations, the subsidies for five types of home appliances are: RMB 400 / set for televisions, RMB 300 / set for refrigerators (including freezers), RMB 250 / set for washing machines, RMB 350 / set for air conditioners, and RMB 350 / set for computers. So far, 21 home appliance sales companies including Gome, Yongle, Suning and 9 recycling companies such as Shanghai Electronic Waste Trading Center Co., Ltd. have become the first batch of bid winners for home appliances "new for new", with a total of 606 outlets. At present, there are a lot of home appliance promotion activities in the market, but the "replacement of old" subsidy policy is not inconsistent with the sales promotion of commercial enterprises. The validity period of the home-for-new policy for related home appliances is more than 9 months, and will expire at the end of May 2010. The "swap-for-new" home appliances developed by designated sales companies can enjoy a 10% subsidy for new home appliance prices.

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