Policies

China’s Trade-In Policy Drives Home Appliance Sales to Record High in 2024

Retail sales of home appliances in China soared to a new record last year, mainly because of a government initiative to encourage consumers to replace old electrical goods with new ones.

China's pro-consumption policies in full swing

Chinese consumers have benefited from the country's pro-consumption policies, which cover goods such as mobile phones, home appliances and automobiles, said the Ministry of Commerce on Thursday.

China to expand scope of consumer goods trade-in program

China announced on January 8 a raft of measures to expand the scope of consumer goods trade-in program amid stepped-up efforts to boost domestic demand and spur economic growth.

Five CHEAA carbon footprint accounting standards and three ammendments unveiled

Approved by China Household Electrical Appliances Association, five CHEAA Standards including T/CHEAA 0042—2025 Greenhouse gases—Quantification requirements and methods of product carbon footprint—Electrical washing machines, and the No.1 amendments of three CHEAA Standards including T/CHEAA 0027...

China's trade-in scheme boosts home appliance sales by over 200b yuan

Sales revenue of home appliances under the policy-backed trade-in program reached 201.97 billion yuan (about $28.11 billion) as of Friday, data from the Ministry of Commerce showed.