China's latest efforts to include more home appliances in the consumer goods trade-in program and offer subsidies for the purchase of digital products this year will further stimulate consumers' appetite for spending, bolster the recovery of consumption, and inject strong impetus into the country's economic growth, said industry... read full story
"The 'old-for-new' program is conducive to weeding out consumer goods with high energy consumption and declining performance, promoting the popularization of green and energy-saving home appliances, and improving people's quality of life."