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CN Reportedly Further Expands National Subsidy Scope; 3C Digital Products Below RMB6K Eligible for 15% Subsidy
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With the third batch of funds for China's national trade-in program allocated, Taobao and Tmall kicked off the program yesterday (26th), according to a report from the Securities Times. As indicated by the report, the scope of national subsidies this year has been expanded again. Smart lamps, study desks and chairs, and learning machines have been included in the trade-in subsidy program for the first time, with a maximum subsidy of 20%. Meanwhile, 3C digital products such as mobile phones, tablets, and smart wristbands priced under RMB6,000 are eligible for a 15% subsidy, with a maximum reduction of RMB500. AAStocks Financial News |
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