The meeting pointed out that promoting large-scale equipment renewal and replacing old consumer goods with new ones is a major deployment made by the Party Central Committee and The State Council focusing on the overall situation of high-quality development. It is necessary to earnestly study and grasp the spirit of the fourth meeting of the Financial and Economic Commission of the CPC Central Committee, implement the requirements of the executive meeting of The State Council and the video conference of The State Council, play a combination of policies, and promote the four major actions of equipment renewal, consumer goods for new, recycling, and standards improvement.

The meeting stressed that it is necessary to further refine and implement the goals and tasks in various fields, implement policies in a classified manner and promote them in an orderly manner, and strive to make breakthroughs in key areas and key links. We should do a good job in recycling and recycling, grasp the whole chain of product and equipment scrapping, recycling, remanufacturing, and resource utilization, and promote large-scale equipment renewal and the replacement of old consumer goods with new ones to form a closed loop. We will increase the support of various types of funds such as central investment, improve the implementation of tax incentives, optimize financial support, and ensure the implementation of key tasks.

The meeting required that overall planning and coordination should be strengthened, and all departments should work together to implement the work in a nailing spirit. We will strengthen supervision and management, scientific and technological innovation, and guarantee factors of production, fully mobilize the enthusiasm of local governments, give full play to the role of leading enterprises and platform enterprises, boost investment and consumption, and promote the large-scale upgrading of equipment and the exchange of old consumer goods for new ones.

Zhao Chenxin, member of the Party Group and Deputy Director of the National Development and Reform Commission, attended and introduced relevant information. The Ministry of Education, the Ministry of Industry and Information Technology, the Ministry of Finance, the Ministry of Housing and Urban-Rural Development, the Ministry of Transport, the Ministry of Agriculture and Rural Affairs, the Ministry of Commerce, the Ministry of Culture and Tourism, the Health Commission, the People's Bank of China, the State-owned Assets Supervision and Administration Commission of the State Council, the General Administration of Market Regulation, and the General Supply and Marketing Cooperation Agency attended the meeting. Yuan Da, deputy Secretary-General of the National Development and Reform Commission, and the main responsible comrades of relevant departments and bureaus attended the meeting.