The Ministry of Finance recently made it clear that “state subsidies” for trade-in consumer goods will continue next year. A reporter from the Financial Services Association learned in an interview that the effects of the national supplement have been remarkable in the past two years. ST Tesco revealed that since this year, the Suning Tesco channel has accounted for more than 70% of sales of trade-in orders, and the consumer structure of home appliances has continued to upgrade to green, intelligent, and high-end. Companies such as Jingke Electronics Co., Ltd. and Bosi Home Appliances all said that the national supplement has significantly increased the sales ratio in the middle and high-end categories.

The Ministry of Finance recently made it clear that “state subsidies” for trade-in consumer goods will continue next year. A reporter from the Financial Services Association learned in an interview that the effects of the national supplement have been remarkable in the past two years. ST Tesco revealed that since this year, the Suning Tesco channel has accounted for more than 70% of sales of trade-in orders, and the consumer structure of home appliances has continued to upgrade to green, intelligent, and high-end. Companies such as Jingke Electronics Co., Ltd. and Bosi Home Appliances all said that the national supplement has significantly increased the sales ratio in the middle and high-end categories.