编者按

为帮助国际社会和在京外国机构、外籍人士更好理解北京市高质量发展的重要举措和成效，市委外办市政府外办从北京市《政府工作报告》配套名词解释中精心选取年度政策热词，并联合北京第二外国语学院、北京市翻译协会等共同确定权威英文译法，推出“读懂北京”政务名词翻译系列。

“两新”

即大规模设备更新和消费品以旧换新，旨在拉动投资增长和释放消费潜力，是加快构建新发展格局、推动高质量发展的重要举措。

“Upgrade and Trade-In” Initiative

This refers to large-scale equipment upgrades and consumer goods trade-in programs designed to stimulate investment and consumer demand. These important measures aim to accelerate the creation of a new pattern of development and advance high-quality development.