China's stimulus scheme for consumer goods trade-ins boosted last year's consumption growth by more than 1 percentage point, ...
China launches initiative to broaden trade-in programs for consumer goods, boosting economic growth and sustainability.
That’s because President Donald Trump said on Tuesday that a new 10% across-the-board tariff on Chinese goods could be enacted as soon as February 1. Unlike Mexico and Canada, which largely avoid ...
In the four decades leading up to the pandemic, 800 million Chinese exited poverty and began to buy things beyond their ...
China's luxury market declined by 18% to 20% in 2024, marking the end of a period of "exponential growth", with sales ...
In a news release on Friday morning, China's National Bureau of Statistics reported its economy grew 5% in 2024 from a year ...
BEIJING -- The sales revenue of consumer goods under China's policy-backed trade-in program has surpassed 1.3 trillion yuan ...
China's new subsidy plan offers 15% off digital products under 6,000 yuan, cutting iPhone 16 prices to 4,499 yuan, boosting ...
BEIJING -- China unveiled an action plan on Wednesday detailing subsidy measures for purchasing new smartphones and other ...
China has reported that its economy expanded at a 5% annual pace in 2024, slower than the year before but still hitting ...