CHINA is increasing efforts to boost economic activity in 2025 with expanded subsidies for equipment upgrades and consumer product trade-ins, backed by a central government allocation of CNY81 billion (US$11 billion), reports Caixin. The new measures aim to stimulate spending and modernize industries, building on the success of similar initiatives in 2024. The National Development and Reform Commission (NDRC) and the Ministry of Finance have issued guidelines to extend support for equipment...
https://www.seanews.com.tr/china-expands-stimulus-consumer-trade-in-subsidies/202321/