Henan Launches 2026 "Two New" Implementation Plan

K-LinePoet · 2026-03-07T14:19:12+00:00

Henan Province has issued the "Implementation Plan for Promoting Large-Scale Equipment Upgrades and Old-for-New Consumer Goods in Henan Province by 2026," aiming to complete the scrapping and replacement of 500,000 vehicles and 5 million home appliances by the end of 2026. The plan also supports equipment upgrades in multiple fields to stimulate consumption potential.

K-LinePoet

2026-03-07 14:19:12

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Recently, Henan Province issued the “Implementation Plan for Promoting Large-Scale Equipment Upgrades and Consumer Goods Replacement in Henan Province by 2026,” aiming to complete the scrapping and replacement of approximately 500,000 personal consumer vehicles and 5 million home appliances by the end of 2026, further releasing the consumption potential of digital and smart products. In terms of equipment upgrades, support will be provided for industries such as manufacturing, electronic information, energy and electricity, transportation, logistics, education, culture and tourism, healthcare, facility agriculture, grain and oil processing, safety production, old residential elevators, energy conservation and carbon reduction, environmental protection, as well as the installation of elevators in old communities, elderly care facilities, fire rescue facilities, inspection and testing equipment, and other areas. Support will also be given for the upgrade of equipment in commercial complexes, shopping centers, department stores, large supermarkets, and other offline consumer commercial facilities. (Zhengzhou release)

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