Shanxi province is advancing its large-scale equipment renewal and consumer goods replacement initiatives to stimulate domestic demand and boost effective investment. On March 18, it was announced that the province has released the "Shanxi Province 2026 Action Plan for Implementing Large-Scale Equipment Renewal and Consumer Goods Replacement Policies." The plan emphasizes expanding support for public safety and livelihood areas, including installing elevators in old residential communities and promoting the purchase of new energy vehicles. Through the dual drivers of "equipment renewal and consumption revitalization," the province aims to fully unleash domestic demand potential, strengthen safety standards, and enhance residents' quality of life.
The province will continue to promote comprehensive large-scale equipment upgrades. This includes intensifying efforts in existing supported sectors and aligning with national policy directions. Key areas for expansion in 2026 include elevator installations in aging neighborhoods, upgrades for elderly care facilities, improvements to fire rescue infrastructure, and updates to inspection, testing, and offline commercial equipment. Accelerated industry research and demand assessments will help identify mature projects that meet public welfare and safety needs. Priority will be given to installing elevators in existing residential buildings and implementing age-friendly renovations to improve mobility for residents. Nursing homes will be supported in upgrading care beds, rehabilitation equipment, safety monitoring systems, and smart management tools. Fire rescue departments will receive backing to renew specialized vehicles, personal protective gear, and intelligent rescue equipment. The province will also advance the retirement and replacement of commercial trucks, city buses, and agricultural machinery. Encouragement will continue for phasing out commercial trucks meeting National IV and lower emission standards in favor of low-emission alternatives, with priority given to electric trucks. The widespread adoption of new energy heavy-duty trucks will be promoted to increase the share of clean transport for bulk cargo in key industries. City buses will transition to electric power, supporting the development of green and smart public transport, along with safe and orderly replacement of power batteries past their warranty periods. In agriculture, focus will be on boosting mechanized sowing yields and reducing harvest losses by supporting the retirement and renewal of advanced, energy-efficient, environmentally friendly, and reliable machinery tailored to local needs.
Reports indicate that Shanxi will support replacing commercial trucks meeting National IV and lower standards with new energy trucks—including pure electric, plug-in hybrid, and hydrogen-powered models—or low-emission trucks compliant with National VI standards, such as those running on diesel, methanol, or gas. Electric trucks will be prioritized. Subsidies will average 80,000 yuan per vehicle for replacing eligible trucks, 35,000 yuan for new purchases without retiring old ones, and 30,000 yuan for early retirement of outdated diesel commercial trucks.
To revitalize consumption, the province will deepen special campaigns to promote upgrades in major consumer sectors. Support will cover vehicle scrapping and replacement, trade-ins for six categories of home appliances—refrigerators, washing machines, televisions, air conditioners, computers, and water heaters—and purchases of four types of digital and smart products: mobile phones, tablets, smart watches/bands, and smart glasses. Subsidy standards will follow national guidelines. Within the national framework, Shanxi may expand supported product categories to include high-efficiency, water-saving, and eco-friendly items, with emphasis on next-generation smart terminals highlighted in the State Council’s "AI+" initiative. Specific subsidy rates and implementation methods will be detailed separately. Efforts will also focus on integrating consumer goods supply chains, enhancing product variety, quality, and branding, and developing specialized industrial parks for consumer goods.
Individual consumers who sell passenger vehicles registered under their name and purchase new energy passenger vehicles listed in the Ministry of Industry and Information Technology’s catalog for vehicle purchase tax exemption, or fuel-powered passenger vehicles with engines of 2.0 liters or smaller, will receive a one-time subsidy. Those buying eligible new energy vehicles will get a subsidy equivalent to 8% of the new vehicle’s price, up to 15,000 yuan. For eligible fuel vehicles, the subsidy is 6% of the price, capped at 13,000 yuan. Applicants must be the registered owner of both the old and new vehicles, with the old vehicle registered before January 8, 2025.
Subsidies are also available for purchases of six types of new home appliances meeting top national energy or water efficiency standards: refrigerators, washing machines, TVs, air conditioners, water heaters, and computers. Each consumer may claim one subsidy per product category during the policy period, combining online and offline purchases. The subsidy amounts to 15% of the final price after discounts, with a cap of 1,500 yuan per item. Consumers who received subsidies in 2025 may continue to benefit in 2026 for the same product categories.
For digital and smart products—mobile phones, tablets, smart watches/bands, and smart glasses—with a single-item price not exceeding 6,000 yuan, a subsidy of 15% of the post-discount price applies, up to 500 yuan per product. Similar to appliances, each consumer may claim one subsidy per category, with eligibility extending from 2025 to 2026.
Shanxi will enhance its waste recycling system by supporting the development of collection networks for vehicles, electronics, and home appliances. Models such as "internet + recycling," community smart recycling bins, and mobile collection points will be promoted. Channels for discarding old equipment and consumer goods will be streamlined, with investments in recycling points, transfer stations, and sorting centers. The supply and marketing cooperative network will be leveraged to improve grassroots recycling coverage. Producers and retailers will be encouraged to establish reverse logistics for used products. Recycling efforts will extend to used power batteries, decommissioned wind and solar power equipment, and waste from new infrastructure like data centers and communication base stations. Technological innovation in recycling equipment will be prioritized, along with promoting the use of recycled materials in government procurement and encouraging manufacturers to increase recycled content. Illegal recycling activities will be strictly penalized, and policies allowing resource recycling firms to issue "reverse invoices" to individual sellers of scrapped products will be implemented to standardize tax supervision.
Additionally, the province will regulate the circulation of secondhand goods and remanufacturing, encouraging online platforms and apps for scheduling offline recycling. Standardized offline markets for secondhand goods will be developed to foster market growth. Information security oversight for used electronics such as computers and mobile devices will be strengthened. Efforts to cultivate the remanufacturing industry will include exploring the remanufacturing of old mechanical equipment and auto parts, alongside innovation and application of key remanufacturing technologies.
