Recently, the trade-in policies in Guizhou, Jiangsu and other places have been further expanded to include consumer electronics categories in the scope of subsidies. According to the reporter's understanding, up to now, 3C consumer electronics products have been included in the scope of trade-in subsidies in many places, and the effects of policy implementation are obvious. “Stimulated by trade-in policies, consumer demand for consumer electronics products has increased significantly, directly driving sales growth for related products. At the same time, the policy encourages the purchase of products with higher technical content, encourages enterprises to increase investment in R&D, and promotes technological innovation and product upgrading. Furthermore, the rapid upgrading of consumer electronics products places higher demands on supply chain efficiency and responsiveness, thereby promoting supply chain optimization and upgrading.” Bai Wenxi, China's chief economist at the China Enterprise Capital Alliance, said. (Securities Daily)