The “Tianjin Implementation Plan to Promote Large-scale Equipment Renewal and Consumer Goods Trade-In” was released. The target is that by 2027, the scale of equipment investment in industry, agriculture, construction, transportation, education, cultural tourism, medical care and other fields will increase by more than 25% compared to 2023. The energy efficiency of major energy equipment in key industries has basically reached the energy saving level. The penetration rate of digital R&D design tools and the numerical control rate of key processes in industrial enterprises above scale exceeded 90% and 75%, respectively. The amount of scrapped cars recycled has about doubled compared to 2023, the volume of used car transactions increased by 45% compared to 2023, and the amount of waste household appliances recycled increased by 30% compared to 2023. The share of recycled materials in resource supply has further increased.
天津市推动大规模设备更新和消费品以旧换新 目标到2027年报废汽车回收量比2023年增加约一倍
Tianjin aims to promote large-scale equipment renewal and consumer goods trade-in, and the amount of scrapped cars recycled by 2027 will almost double compared to 2023
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