BEIJING, Jan. 6 (Xinhua) -- China's policy-backed consumer goods trade-in program generated sales of 3.92 trillion yuan (about 558.62 billion U.S. dollars) in 2024 and 2025, benefiting consumers on ...

Chinese authorities announced late last month that the trade-in subsidy program for consumer goods will be renewed in 2026 as ...

China began rolling out the subsidies in 2024 as part of a broader consumer goods trade-in program covering a wide range of ...