China's upgrade and trade-in program yields positive impacts

Source: China Daily | 2024-09-25 | Editor:Reena

China unveiled an action plan to implement the renewal program in March 2024 in an effort to expand domestic demand and shore up the economy, and stepped up follow-up policy support in July.

The program has yielded positive impacts, such as stimulating investment, unleashing consumption, fueling industrial development, improving people's well-being and improving the environment.

66f3cef2a310f1268d81c5c5