
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.
China’s new trade-in policy is driving a surge in green consumption, encouraging consumers to replace older products with eco-friendly alternatives and boosting sustainable technology innovation.
China’s latest trade-in policies since March have fueled a surge in green consumption, boosting sales in new energy vehicles, home appliances, and sustainable products, expanding the consumer market by 1 trillion RMB.