China launches initiative to broaden trade-in programs for consumer goods, boosting economic growth and sustainability.

China's stimulus scheme for consumer goods trade-ins boosted last year's consumption growth by more than 1 percentage point, ...

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 ...

China's luxury market declined by 18% to 20% in 2024, marking the end of a period of "exponential growth", with sales ...

BEIJING -- China will conduct pilot reform on the circulation and consumption of automobiles to expand and implement the ...

BEIJING -- The sales revenue of consumer goods under China's policy-backed trade-in program has surpassed 1.3 trillion yuan ...

BEIJING -- China unveiled an action plan on Wednesday detailing subsidy measures for purchasing new smartphones and other ...

China's new subsidy plan offers 15% off digital products under 6,000 yuan, cutting iPhone 16 prices to 4,499 yuan, boosting ...

Trump has threatened to impose a 60% tariff on all Chinese goods, which would raise costs for importers. Related stories All eyes on consumers Consumer sentiment in China, however, has been ...

China has reported that its economy expanded at a 5% annual pace in 2024, slower than the year before but still hitting ...

The sales revenue of consumer goods under China's policy-backed trade-in program has surpassed 1.3 trillion yuan (180.85 billion U.S. dollars), data from China's Ministry of Commerce showed on ...

China's economy grew 5% in 2024 ... including a trade-in program for consumer products, including household appliances. Retail sales hit 4.5 trillion yuan in December. For the fourth quarter ...