Weichai remanufacturing company was selected as the national “replacement for old” pilot list

Recently, the National Development and Reform Commission jointly issued a multi-ministerial ministry report on the qualifications for remanufactured product promotion pilots, product models, and promotion prices. Ten remanufactured engines and transmissions were selected as pilot companies by Weichai Power (Weifang) Remanufacturing Co., Ltd., etc. .

Weichai remanufacturing company was selected as the national “replacement for old” pilot list
Weichai remanufacturing company was selected as the national “replacement for old” pilot list

In order to support the promotion and use of remanufactured products, promote the recycling of remanufactured old parts and expand the market share of remanufactured products, the National Development and Reform Commission, the Ministry of Finance, the Ministry of Industry and Information Technology, the Ministry of Commerce, and the General Administration of Quality Supervision, Inspection and Quarantine have organized a pilot program for remanufactured products to replace old ones. Work, preliminary determination of 10 declared companies with remanufactured product promotion pilot enterprise qualifications and promotion of product models, quantities, etc. Weichai Power Remanufacturing Company was successfully nominated for the list. At the same time, 30 engine models were shortlisted for “replacement with old” and the list of replacement product models was promoted, becoming the company with the largest number of models.

It is understood that the National Development and Reform Commission, the Ministry of Finance, and other companies jointly implement remanufactured products throughout the country and “replace them with old ones” and subsidize the eligible remanufactured products such as automobile engines and transmissions in accordance with the replacement price of 10%. It is expected that subsidies will be returned. The rules for consumers will be implemented in the near future, further stimulating consumers to purchase remanufactured products.

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