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CN MOC: National Home Appliance Consumption Season Launched, Encouraging Manufacturers to Innovate and Platforms to Offer Discounts to Amplify Trade-In Policy Effects
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The 2025 National Home Appliance Consumption Season launch ceremony was held in Shanghai last Saturday (22nd), Chinese media reported. Vice Minister of Commerce Sheng Qiuping, and Hua Yuan, member of the Standing Committee of the Shanghai Municipal Party Committee and Vice Mayor of Shanghai, attended the event. Sheng stated that promoting the trade-in of home appliances is beneficial both in the short term and long term, stabilizing growth while facilitating transformation, improving people’s livelihoods while supporting industry development. The Ministry of Commerce will take the launch of the 2025 National Home Appliance Consumption Season as an opportunity to further coordinate online and offline channels, organize a series of activities, and optimize the "policy + event" driving mechanism. It will encourage manufacturers to innovate, platforms to offer discounts, and enterprises to provide incentives, amplifying the effects of the appliance trade-in policy, unleashing the potential for appliance upgrade consumption, and making positive contributions to better meeting people’s needs for a high-quality life and supporting the high-quality development of the economy. AAStocks Financial News |
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