The Finance Department of Guangxi Zhuang Autonomous Region has announced the pre-allocation of 1.83 billion yuan from the central government's ultra-long-term special treasury bonds, along with 96 million yuan in matching funds from the autonomous region, to support the first batch of consumer goods replacement initiatives in 2026. This move aims to steadily unleash consumption potential and promote sustained economic recovery.

The consumer goods replacement policy for 2026 will take effect on January 1, 2026. Compared with the 2025 policy, the support scope has been refined and optimized. The program will continue to cover vehicle scrapping and replacement, vehicle trade-ins, and appliance replacements—focusing on six categories: refrigerators, washing machines, televisions, air conditioners, computers, and water heaters. Additionally, support for digital product purchases will be expanded to include four categories of digital and smart products: mobile phones, tablets, smartwatches/wristbands, smart glasses, and smart home devices.

In 2026, subsidies for scrapping old vehicles and purchasing new energy passenger cars will cover 12% of the vehicle price, up to a maximum of 20,000 yuan. For fuel-powered passenger cars, the subsidy will be 10% of the price, capped at 15,000 yuan. Under the vehicle trade-in program, subsidies for new energy passenger cars will be 8% of the price, with a maximum of 15,000 yuan, while fuel-powered vehicles will receive a 6% subsidy, up to 13,000 yuan.

For purchases of six categories of home appliances that meet Tier-1 energy or water efficiency standards, a subsidy of 15% of the sales price will be provided, with a maximum of 1,500 yuan per item. For digital and smart products priced under 6,000 yuan per item, a 15% subsidy will be offered, capped at 500 yuan per product. Each consumer is eligible for a subsidy on one item.