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China to inject US$19 billion in consumer subsidies as trade-in policy expands

Staff reporter, Taipei; Elaine Chen, DIGITIMES Asia Friday 20 June 2025 0

Credit: AFP

In a continued push to stimulate domestic demand, China is set to release an additional CNY138 billion (approx. US$19 billion) in the second half of 2025 to fund subsidies for its nationwide "old-for-new" consumer trade-in program. The policy covers...

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