Why include electric bicycles in the trade in policy?
In April this year, the State Council Work Safety Committee deployed a full chain rectification action for safety hazards of electric bicycles. The General Office of the State Council issued the "Action Plan for the Full Chain Rectification of Safety Hazards of Electric Bicycles", encouraging places with conditions to promote the exchange of old electric bicycles for new ones. In July, the National Development and Reform Commission and the Ministry of Finance issued the "Several Measures to Strengthen Support for Large scale Equipment Renewal and Consumer Goods Trade in", which included the trade in of electric bicycles in the scope of support. In order to implement the above policy spirit, the Ministry of Commerce and five other departments jointly issued the "Implementation Plan for Promoting the Trade in of Electric Bicycles", promoting the implementation of the trade in of electric bicycles