According to the China Household Electrical Appliances Association, on April 14th, the "Trade-in of Old Appliances and Green Circulation Theme Activity," sponsored by the Ministry of Commerce, was held in Haikou City, Hainan Province. During this event, the China Household Electrical Appliances Association, the China Household Electrical Appliances Business Association, the China Household Electrical Appliances Service and Repair Association, the China Resources Recycling Association, the China Recycling Resources Utilization Association, and the China Secondhand Goods Industry Association jointly issued the initiative titled "Promoting Trade-in of Old Appliances to Drive Renewed Consumption Cycle."
