Climate Cooperation China
On behalf of the International Climate Initiative (IKI)

Project: Climate and Ozone Protection Alliance on ODS and HFC Banks Management (COPA)

China’s State Council launches Action Programme for large-scale Equipment Renewal and Consumer Goods Replacement

On 7 March 2024, the State Council introduced the Action Programme aimed at driving Large-scale Equipment Renewal and Consumer Goods Replacement (hereinafter referred to as the Action Programme). By 2027, the program envisages a more than 25% increase in investment scale across various sectors including industry, agriculture, construction, transportation, education, culture, tourism, and medical care compared to 2023.

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