BEIJING (Reuters) – China will increase the scope of dwelling equipment trade-ins this 12 months to 12 classes from the eight included final 12 months, the vice head of the nation’s state planner mentioned on Wednesday.
Shoppers will get subsidies equal to twenty% of the gross sales value per one new dwelling equipment this 12 months, mentioned Zhao Chenxin, vice head of the Nationwide Growth and Reform Fee (NDRC).
Assist will even proceed for the acquisition of residential furnishings and the trade-in of electrical bicycles, Zhao mentioned.
In response to the doc issued by the NDRC and the finance ministry on Wednesday, microwave ovens, water purifiers, dish-washing machines and rice cookers shall be included within the trade-in scheme for dwelling home equipment.
