On July 3rd, the Ministry of Commerce held a regular press conference, and spokesperson He Yongqian stated that since the beginning of this year, the Ministry of Commerce has continued to launch a series of investment promotion activities around building the "Invest in China" brand. We have successively held the Hainan Free Trade Port Global Industry Investment Promotion Conference and the Tianjin Summer Davos Multinational Enterprise Leaders Exchange Conference, and have also traveled to Japan, Sweden, Norway and other places to promote China's investment policies. The vivid and three-dimensional display of China's favorable business environment has effectively promoted foreign enterprises' understanding of China's investment environment and foreign investment policies, attracting more foreign investors to come to China for inspection and investment. Regarding the plans of the Ministry of Commerce in building the "Invest in China" brand in the second half of the year, He Yongqian introduced that according to the "Implementation Plan for Building the" Invest in China "Brand (2025)", the Ministry of Commerce will focus on organizing the iconic exhibition of "Invest in China" in September, which will be held in Xiamen, Fujian Province; At the same time, we will also support various regions to hold targeted investment promotion activities under the "Invest in China" program, showcasing local industrial characteristics in all aspects; Continue to carry out investment promotion in key countries and regions, and introduce more high-quality foreign investment projects. In terms of leveraging the advantages of various open platforms such as national development zones and pilot free trade zones, and making greater efforts to attract investment, He Yongqian stated that the Ministry of Commerce will work with local governments and departments to implement policy documents such as the "Opinions of the Central Committee of the Communist Party of China and the State Council on Implementing the Strategy to Enhance Pilot Free Trade Zones" and the "Work Plan for Deepening the Reform and Innovation of National Economic and Technological Development Zones and Leading High quality Development with High level Opening up", promote the improvement and efficiency of pilot free trade zones, expand reform task authorization, accelerate the implementation of core policies for Hainan Free Trade Port, and continue to play the role of a comprehensive experimental platform for reform and opening up; Promote the improvement of the policy support system for the "1+N+X" national level economic development zone, enhance the level of outward oriented economic development in the national level economic development zone, create greater development space for enterprises, and create a new highland of reform and opening up for the gathering and development of foreign investment. In addition, He Yongqian introduced the work related to exchanging old for new consumer goods. She stated that according to the deployment of exchanging old for new consumer goods and the full chain rectification of safety hazards in electric bicycles nationwide, the Ministry of Commerce has taken the lead in carrying out the work of exchanging old for new electric bicycles, driving the industry's production and sales to flourish, and playing a positive role in expanding consumption, benefiting people's livelihoods, assisting the industry, and promoting safety. According to statistics, the monthly average sales of electric bicycles through trade in from January to June in China increased by 113.5% compared to the previous month. As of June 30th, there were 8.465 million electric bicycles received and replaced nationwide, which is 6.1 times the number in 2024. As of June 30th, all 31 provinces, regions, cities, and Xinjiang Production and Construction Corps in China have carried out actual replacement, and the total amount of electric bicycles sold through trade in reached 24.77 billion yuan, which is 6.6 times that of 2024. 8.402 million consumers nationwide are eligible for subsidies under the trade in policy for electric bicycles. In terms of industry promotion, from the production end, the production of the top 10 brands of electric bicycles increased by 27.6% year-on-year from January to June this year; From the sales perspective, a total of 82000 sales outlets participated in the trade in of electric bicycles, most of which were small and micro enterprises and individual merchants, driving an average sales growth of 302000 yuan per store and promoting the development of small and micro merchants' operations. He Yongqian stated that since the launch of the electric bicycle trade in program in September 2024, nearly 9.85 million old and scrapped cars have been sold and reported nationwide through the trade in method. All the new cars purchased have product qualification certificates and CCC certificates that meet current national standards, making it safer and more reassuring for the public to use them. (New Society)