China Distributes $34 Billion for Consumer Trade-Ins
hitechexpert.topChina’s National Development and Reform Commission (NDRC) has announced the full distribution of 250 billion yuan (approximately $34 billion USD) allocated for consumer goods trade-in programs.
This marks a significant push to stimulate consumption and upgrade product ownership across the nation. Full Fund Allocation for Trade-In Initiatives In a recent announcement, the NDRC, in conjunction with the Ministry of Finance, confirmed the disbursement of the fourth and final batch of funds.
