Li Gang, Director of the Market Operation and Consumer Promotion Department of the Ministry of Commerce, introduced that the notice for the intensified and expanded implementation of the "Two New" policy in 2025 has been issued. The Ministry of Commerce will focus on ensuring that the consumer goods exchange policy is effectively implemented. First, detailed measures will be introduced to ensure that the policy is operable and implementable. Relevant departments will work together to quickly issue implementation rules for the five areas of Autos, home appliances, home decoration kitchen and bathroom, electric bicycles, and mobile phones, clarifying specific subsidy standards and operational processes; at the same time, full consideration will be given to the connection with the 2024 policy to ensure a smooth and orderly transition. Second, improve the working mechanism to make the policy more convenient and efficient for the public. Based on the summary of the experience from the 2024 exchange policy, the processes for subsidy application review and fund allocation will be further optimized, the functions of the relevant information platform will be improved, and the efficiency of data verification and comparison will be enhanced, allowing subsidy funds to reach consumers faster and more conveniently. Third, strengthen publicity and interpretation to increase policy awareness and coverage. After the policy is released, the Ministry will simultaneously publish a user-friendly one-page guide and Q&A manual for the exchange policies in various fields, addressing the concerns of the public and providing clear policy interpretations to help people better understand and benefit from the policy.