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On February 28th, the Shenzhen Municipal Implementation Plan for Supporting the Replacement and Improvement of Consumer Goods with Ultra-Long-Term Special Treasury Bonds (2026) mentioned supporting car replacement and renewal. Individual consumers who transfer their passenger vehicles registered in their own name and purchase new energy passenger vehicles included in the "Catalogue of New Energy Vehicle Models Eligible for Vehicle Purchase Tax Reduction or Exemption" or fuel passenger vehicles with an engine displacement of 2.0 liters or less will receive a car replacement and renewal subsidy. Specifically, the subsidy for purchasing new energy passenger vehicles is 8% of the vehicle price (maximum 15,000 yuan), and the subsidy for purchasing fuel passenger vehicles with an engine displacement of 2.0 liters or less is 6% of the vehicle price (maximum 13,000 yuan).On February 28th, the Shenzhen Municipal Governments Implementation Plan for Supporting the Replacement and Improvement of Consumer Goods with Ultra-Long-Term Special Treasury Bonds (2026) mentioned supporting the scrapping and replacement of vehicles. Individual consumers who scrap their passenger vehicles registered in their own name and purchase new energy passenger vehicles included in the "Catalogue of New Energy Vehicle Models Eligible for Vehicle Purchase Tax Reduction or Exemption" or fuel-powered passenger vehicles with an engine displacement of 2.0 liters or less will receive a vehicle scrapping and replacement subsidy. Specifically, the subsidy for purchasing new energy passenger vehicles is 12% of the vehicle price (maximum 20,000 yuan), and the subsidy for purchasing fuel-powered vehicles with an engine displacement of 2.0 liters or less is 10% of the vehicle price (maximum 15,000 yuan).February 28th - According to the China State Railway Group, the national railway system is expected to transport 16.35 million passengers today (February 28th), with 1,060 additional passenger trains planned. Yesterday (February 27th), the national railway system transported 15.551 million passengers, an increase of 18% year-on-year, maintaining a level above 15 million passengers for eight consecutive days, with transportation remaining safe, stable, and orderly.February 28th - According to the Statistical Communiqué on National Economic and Social Development in 2025 released by the National Bureau of Statistics on February 28th, 25.74 million new business entities were established in my country in 2025, with an average of 26,000 new enterprises established per day.February 28 - According to the Statistical Communiqué on National Economic and Social Development in 2025 released by the National Bureau of Statistics on February 28, 30.08 million foreigners entered China visa-free in 2025, an increase of 49.5%.

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