China's consumer revolution just got turbocharged! 🚀 New data reveals the nation's trade-in policy generated 3.92 trillion yuan ($562B) in goods sales between 2024-2025, equivalent to the entire GDP of Sweden. Nearly half a billion shoppers joined the upgrade wave, swapping old gear for shiny new tech and wheels.
Green Machines Dominate Roads
Over 18 million vehicles got traded during this period, with eco-conscious drivers choosing new energy vehicles (NEVs) for 60% of swaps. This electric surge aligns with China's carbon neutrality goals, proving sustainability sells 🔋🌍.
Home Tech Makeover Madness
Chinese households upgraded 192 million appliances – imagine replacing every fridge in Europe twice over! From energy-efficient AC units to smart kitchen gadgets, this refresh cycle shows how policy incentives are powering both markets and modern living.
While these 2024-2025 results set new benchmarks, analysts predict the trade-in momentum will continue shaping consumer behavior through 2026 as tech evolves and environmental awareness grows 📈.
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China's trade-in policy drives 3.92 trillion yuan in goods sales
cgtn.com





