In the latest move, China on January 8 announced a raft of measures to expand the scope of the consumer goods trade-in program as part of a drive to boost domestic demand and spur economic growth. The number of home appliance categories eligible for government subsidies rose from eight in 2...
BEIJING, Feb. 10 (Xinhua) -- China's large-scale equipment upgrade and consumer goods trade-in programs yielded fruitful results last year, driving strong growth in both investment and consumption, official data showed on Monday. The programs, which kicked off last March, drove equipment purchase...
In the latest move, China on January 8 announced a raft of measures to expand the scope of the consumer goods trade-in program as part of a drive to boost domestic demand and spur economic growth.The number of home appliance categories eligible for government subsidies rose from eight in 202...
In the latest move, China on January 8 announced a raft of measures to expand the scopeof the consumer goods trade-in program as part of a drive to boost domestic demand and spur economic growth. The number of home...
BEIJING -- A consumer goods trade-in program rolled out by the Chinese government in March has spurred rising sales of products such as cars, home appliances and furniture. As of June 25, the Ministry of Commerce has received a total of 113,000 subsidy appli...
While attending the event, Vice Minister of Commerce Sheng Qiuping said that through policies and activities, the ministry focused on promoting trade-ins of consumer goods amid a year-long program to stimulate consumption. The Hainan series of activities was the first local series in the campaign...
China's e-commerce platforms like JD.com and Taobao are also providing diverse trade-in schemes for customers. Wu Sa from the Chinese Academy of Macroeconomic Research pointed out that China, with its large population, has a vast ma...
Cars that are part of a vehicle trade-in program are on display at an auto expo in Yantai, Shandong province. [TANG KE/FOR CHINA DAILY] BEIJING -- China is stepping up measures to encourage consumer goods trade-ins, in an effort to further unleash market deman...
Since the launch of Shenzhen’s new round of consumer goods trade-in incentives Sept. 6, sales quantity and revenue have increased, Shenzhen Evening News reported yesterday. Approximately 149,000 home appliances valued at 751 million yuan (US$106.73 million) were sold between Sept. 6 and 22, ...
Speeding up product upgrading is an important measure for promoting high-quality development. Efforts should be made to encourage and guide a new round of large-scale equipment renewal and trade-in of consumer goods.——2024年2月23日，习近平在中央财经委员会第四次会议上的重要讲话 【相关词汇】耐用...