China's trade-in program drives consumer goods sales by 2.6 trln yuan in 2025

NAMPA / Xinhua

2026-01-01

BEIJING, Jan. 1 (Xinhua) -- Sales of consumer goods under China's policy-backed trade-in program exceeded 2.6 trillion yuan (about 369.9 billion U.S. dollars) last year, benefiting over 360 million people, data from the Ministry of Commerce showed Thursday. Specifically, over 11.5 million automobiles, 129 million home appliances, 91 million digital products, 120 million home decoration, kitchen and bathroom items, as well as 12.5 million elect......

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