BEIJING - China's sales of home appliances surged in 2024 under its policy-backed trade-in program, according to the Ministry of Commerce (MOC) on Saturday.

China's consumer goods trade-in program remained highly popular at the start of the year, especially during the Spring ...

BEIJING - Retail sales of home appliances in China's businesses whose operating income reaches a certain scale surged by 39.3 percent year-on-year in December, backed by the country's trade-in program ...

China has faced several economic challenges ... the policies have boosted sales of big ticket items such as home appliances and cars. But some economists have questioned whether the schemes ...

Sales of consumer goods such as smartphones and tablets soar, but long-term retail momentum remains uncertain Beijing's generous subsidies to boost consumption are having the desired effect, as ...

China expands consumer trade-in scheme to boost demand Subsidies for digital goods aim to revive household spending Analysts see policy shift towards increased consumption BEIJING, Jan 8 (Reuters ...

China's cautious consumers are spending less, prompting Beijing to dish out incentives even for small home goods. On Wednesday, China added home appliances, including microwave ovens, water ...

President Donald Trump's plan to impose tariffs on three of the nation's biggest trading partners Saturday could have ...

Moreover, automobile and home appliance trade-ins ... growing demand for Spring Festival shopping. Since last year, "trade-in" has become a buzzword in China's consumer market, driving steady ...