
Consumer Trade-In Boom in Chinese Mainland Drives 1.1T Yuan in 2025 Sales
The Chinese mainland’s consumer goods trade-in initiative generated 1.1 trillion yuan in sales from Jan-May 2025, with vehicles, appliances and phones leading the charge.
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The Chinese mainland’s consumer goods trade-in initiative generated 1.1 trillion yuan in sales from Jan-May 2025, with vehicles, appliances and phones leading the charge.
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China is boosting consumption through a circular economy, focusing on equipment upgrades and consumer goods trade-ins to drive sustainable growth.