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1st LD-Writethru-Economic Watch: China pledges continued funding for consumer goods trade-in subsidies

NAMPA / Xinhua
2025-06-20
BEIJING, June 20 (Xinhua) -- China has reaffirmed its support for the national consumer goods trade-in program, ensuring continued funding to sustain the government subsidy payment throughout 2025. The program, a key part of the country's broader strategy to stimulate domestic consumption, encourages consumers to replace outdated products -- such as home appliances and vehicles -- with newer, more efficient models. The central government ha......
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