[Hainan: Strive to recycle more than 18,000 scrapped cars in the province by the end of 2025] The General Office of the People's Government of Hainan Province issued a notice on Hainan Province's efforts to expand the implementation of large-scale equipment renewal and consumer goods trade-in policies in 2025. It mentioned that by increasing policy guidance and support, it is strived to recycle more than 18,000 scrapped cars in the province by the end of 2025, a year-on-year increase of 20%, and more than 252,000 second-hand car transactions, a year-on-year increase of 20%, more than 100,000 home appliances and home furnishings, more than 300,000 sets of digital products, and more than 100,000 electric bicycles. It will directly drive more than 22.5 billion yuan in consumption of related commodities and promote the completion of the province's social consumer goods retail sales growth target.
