China added more home appliances to the list of products that can be used in its consumer trade-in scheme and will offer subsidies for additional digital goods this year, in an effort to revive demand in the sluggish household sector. The statement did not specify the total cost of the incentives, however, a finance ministry official said at a press …
Beijing Reuters — China has added more home appliances to the list of products that can be used in its consumer trade-in scheme and will offer subsidies for additional digital goods this year, in an effort to revive demand in the sluggish household sector. China last year apportioned about 150 billion yuan from the 1 trillion yuan special treasury bonds …
JIN DING/CHINA DAILY China has rolled out a package of policy measures promoting large-scale equipment upgrades and consumer goods trade-ins in an effort to encourage companies to invest in themselves and boost consumption to help the economy achieve sustainable and high-quality growth, officials and experts said. The plan said it's imperative to ensure that the upgraded equipment and replaced consumer …
