Li Gang, Director of the Department of Market Operation and Consumer Promotion of the Ministry of Commerce, stated at the regular State Council policy briefing that implementing new purchase subsidies for mobile phones and other products is beneficial for boosting consumption and expanding domestic demand. Support will be given for different brands and models of products that meet the conditions to participate in subsidies. Whether domestic or foreign enterprises, state-owned or private enterprises, large or small enterprises, online platform enterprises or offline physical enterprises can all openly and equally participate in the subsidy policy. Localities will reasonably determine and promptly update the list of participating entities. Those who are seriously untrustworthy and have serious violations will be placed on the negative list and cannot participate in subsidies. (China.com)