Policy lifts sales
CHINA'S old-for-new home appliance subsidy program has stimulated 152.12 billion yuan (US$23.17 billion) in sales, with televisions and air-conditioners the most popular of the five designated products, the Ministry of Commerce said yesterday.
The data was released one day after Vice Commerce Minister Wei Jianguo said the trade-in policy will be extended to 2012.
Wei's comment eased concerns the government will stop the policy after a similar trade-in policy for autos was canceled in December.
China launched a subsidy plan for home appliances in June 2009 and extended coverage to 28 cities and provinces in June.
Registered residents can get a subsidy of as much as 400 yuan when buying new products if they trade in their old ones at the time of purchase.
The data was released one day after Vice Commerce Minister Wei Jianguo said the trade-in policy will be extended to 2012.
Wei's comment eased concerns the government will stop the policy after a similar trade-in policy for autos was canceled in December.
China launched a subsidy plan for home appliances in June 2009 and extended coverage to 28 cities and provinces in June.
Registered residents can get a subsidy of as much as 400 yuan when buying new products if they trade in their old ones at the time of purchase.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔$粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.