Policy Release

• China's equipment upgrade, consumer goods trade-in programs deliver fruitful results in 2024

  China's large-scale equipment upgrade and consumer goods trade-in programs yielded fruitful results last year, driving strong growth in both investment and consumption, according to official data....

  2025-02-13

  

• China unveils new policies for electric bicycle trade-ins

  China's Ministry of Commerce and four other departments on Thursday announced new policies for the electric bicycle trade-in program for 2025.Individuals who trade in their old electric bicycles a...

  2025-01-24

  

• China includes smartphones in consumer goods replacement program

  China unveiled an action plan on Wednesday detailing subsidy measures for purchasing new smartphones and other digital products, which covers products of both domestic and foreign brands.Under the pla...

  2025-01-17

  

• China extends fiscal interest subsidy for equipment upgrade loans

  China's Ministry of Finance announced on Monday that the government's fiscal interest subsidy policy for bank loans for equipment upgrades will be extended until the central bank's relendi...

  2025-01-09

  

• The implementation of the “Two New” policies will be intensified and expanded in 2025

  The National Development and Reform Commission and the Ministry of Finance recently issued the Notice on Enhanced and Expanded Implementation of Large-scale Equipment Renewal and Trade-ins of Consumer...

  2025-01-08