The trade-in program doesn’t just apply to cars, but also includes home appliances — with microwave ovens, rice cookers and water purifiers also now eligible.
Significantly increased funding from ultra-long term treasury bonds and extended coverage of eligible items will further spur these business investments and consumption-boosting initiatives, allow ...
The National Development and Reform Commission, China's top economic planner, said Wednesday that the government will include more products in its home appliance trade-in program in 2025, extending ...