Policy Release

• 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

  

• China provides subsidies to boost home appliance trade-ins

  Chinese authorities are offering financial incentives to encourage consumers to replace their old home appliances with new ones, according to a recent circular released by the Ministry of Commerce and...

  2024-08-29

  

• China to promote equipment renewals, trade-ins of consumer goods

  The State Council released an action plan to promote large-scale equipment renewals and trade-ins of consumer goods, according to a circular issued on March 13.By 2027, the investment scale of equipme...

  2024-07-26

  

• China releases 2024-25 energy conservation, carbon reduction action plan

  China's State Council has released an action plan for energy conservation and carbon reduction for 2024-25, aiming to reduce energy consumption and carbon dioxide emissions per unit of GDP by appr...

  2024-06-06