China’s Trade-In Program Sparks Surge in Home Appliance Sales
China’s consumer goods trade-in program has spurred purchases of over 109 million home appliances this year, boosting domestic demand and signaling steady economic growth.
Trade-In Program
Read More
China Boosts Trade-In Subsidies to Spark Consumer Spending
China is boosting its consumer goods trade-in program, pledging continued funding to encourage consumers to replace old products with new ones, aiming to stimulate domestic consumption and economic growth.
20 Million Chinese Rush to Trade in Electronics Amid New Subsidies
Over 20 million Chinese applied for electronics trade-in subsidies, boosting mobile phone sales by 74% before the Spring Festival. The government offers up to 500 yuan per device to spur consumption.
China’s 2024 Home Appliance Sales Soar Thanks to Trade-In Program
China’s home appliance sales hit a record 1.03 trillion yuan in 2024, boosted by a government-backed trade-in program that encouraged millions to upgrade their appliances.
China Expands ‘Old-for-New’ Trade-In Program to Boost Spending
China unveils new measures to expand its “old-for-new” exchange program and equipment renewal policies for 2025, aiming to stimulate consumer spending and industrial upgrades.
China Expands Trade-In Program to Boost Consumer Spending in 2025
China is expanding its consumer goods trade-in program in 2025, adding new subsidies and products to encourage spending and drive economic growth.
China’s Trade-In Policy Sparks a Green Revolution
China’s government-led trade-in program is fueling a green revolution, encouraging consumers to swap old products for eco-friendly alternatives, boosting sustainable development.