China’s consumer-goods trade-in scheme generated RMB 33.48 billion in sales from 1 to 6 October 2026, according to Ministry of Commerce (MOFCOM, 商务部) data reported by Xinhua. Home appliances made up the largest category at RMB 12.34 billion. This brief covers the trade-in figures, sales growth on key platforms, Hainan duty-free sales and the basis of each figure.
Trade-ins reached 6.392 million participants and RMB 33.48 billion in sales
According to MOFCOM’s commerce big-data platform (商务大数据), as reported by Xinhua on 8 October, the trade-in scheme (以旧换新) reached 6.392 million participants from 1 to 6 October. It drove RMB 33.48 billion in sales.
Home appliance trade-ins totalled 2.848 million units and drove RMB 12.34 billion in sales. Car trade-ins totalled 68,000 vehicles, driving RMB 10.92 billion in new-car sales. Purchases of new digital and smart products totalled 3.052 million items and RMB 8.68 billion.
1-6 October 2026 · Source: MOFCOM commerce big data, reported by Xinhua, 2026-10-08
View as table
| Item | Value |
|---|---|
| Home appliances | 12.34RMB billion |
| Cars (new-car sales) | 10.92RMB billion |
| Digital and smart products | 8.68RMB billion |
Smart glasses sales doubled year on year on key platforms
MOFCOM data show sales of embodied-AI robots (具身智能机器人) on key platforms grew 1.3 times year on year from 1 to 6 October. Smart glasses sales grew one time, meaning they doubled.
Sales of water-saving fixtures rose 18.1 percent, exoskeleton assist devices 12.8 percent, outdoor sports equipment 10.4 percent and dishwashers with grade-1 energy efficiency 8.4 percent, all year on year.
Sales value, year on year, 1-6 October 2026; '1.3 times' and '1 time' shown as 130% and 100% (CMB conversion) · Source: MOFCOM, reported by Xinhua, 2026-10-08
View as table
| Item | Value |
|---|---|
| Embodied-AI robots | 130.0% |
| Smart glasses | 100.0% |
| Water-saving fixtures | 18.1% |
| Exoskeleton assist devices | 12.8% |
| Outdoor sports equipment | 10.4% |
| Grade-1 efficiency dishwashers | 8.4% |
At the 78 pedestrian streets and shopping districts that MOFCOM monitors, footfall rose 2.5 percent and turnover rose 4.7 percent year on year.
Hainan offshore duty-free sales reached RMB 855 million over seven days
Haikou Customs (海口海关) supervised RMB 855 million of offshore duty-free shopping in Hainan from 1 to 7 October, according to Xinhua. Shoppers made 123,000 visits and bought 696,800 items.
On a simple calculation, that is about RMB 6,951 per shopper visit and about RMB 1,227 per item. The report gives no year-on-year comparison and no breakdown by category.
Egg prices at wholesale markets fell 1.7 percent from the pre-holiday level
The same Xinhua report said stocks were ample at 200 large agricultural wholesale markets from 1 to 7 October, with grain and fruit prices broadly flat against 30 September. Eggs fell 1.7 percent, vegetables 0.8 percent and pork 0.4 percent. Mutton rose 0.3 percent, beef 0.2 percent and cooking oil 0.1 percent.
Change vs 30 September 2026, 200 large wholesale markets, 1-7 October 2026; monitoring body not named · Source: Xinhua, 2026-10-08
View as table
| Item | Value |
|---|---|
| Eggs | -1.7% |
| Vegetables | -0.8% |
| Pork | -0.4% |
| Cooking oil | 0.1% |
| Beef | 0.2% |
| Mutton | 0.3% |
| Measure | Figure | Period / basis |
|---|---|---|
| Trade-in participants | 6.392 million | 1–6 October |
| Sales driven by trade-ins | RMB 33.48 billion | 1–6 October |
| Home appliances traded in / sales | 2.848 million units / RMB 12.34 billion | 1–6 October |
| Cars traded in / new-car sales | 68,000 / RMB 10.92 billion | 1–6 October |
| Digital and smart products bought / sales | 3.052 million items / RMB 8.68 billion | 1–6 October |
| 78 pedestrian streets: footfall / turnover | +2.5% / +4.7% | Year on year |
| Hainan offshore duty-free sales | RMB 855 million | 1–7 October |
| Hainan duty-free shopper visits / items | 123,000 / 696,800 | 1–7 October |
| Hainan sales per shopper visit | About RMB 6,951 | CMB calculation |
Basis: six-day MOFCOM data and seven-day customs data
- Trade-in figures, platform growth rates and pedestrian-street figures cover 1 to 6 October; Hainan duty-free figures cover 1 to 7 October.
- Platform growth rates refer to “key platforms” (重点平台); the source does not name them.
- Trade-in participants and duty-free shoppers are counted in person-times (人次), so one person can be counted more than once.
- Wholesale price changes compare holiday prices with 30 September 2026, not with a year earlier; the report does not name the body that monitors the 200 markets.
Not disclosed in the source
- Total retail sales for the holiday and their year-on-year change
- Year-on-year change in trade-in sales and in Hainan duty-free sales
- Sales by category for cosmetics, fashion or food
- Which platforms are counted as “key platforms”
