China's home appliance trade-in program is booming, with sales soaring to 33.5 billion yuan ($4.78 billion) since August ! The Ministry of Commerce revealed over 5.11 million consumers have snagged discounts, backed by 6.4 billion yuan in government subsidies
. The green wave is real—over 92% of sales came from energy-efficient, smart appliances like water purifiers and cleaning robots
.
Regions like Hubei Province, Shanghai, and Chongqing are adding eco-friendly tech to subsidy lists, while online sales jumped 44.9% and offline stores saw a 47% spike . With holidays like National Day and Singles' Day coming up, officials aim to keep the momentum going. Get ready for more deals as China doubles down on sustainable living!
Reference(s):
China reports surge in home appliance sales under trade-in program
cgtn.com