China Consumer Appliances Sector_2025 home appliances trade-in subsidies and key takeaways from NDRC Press Conference
-·2025-01-12 05:33
本文档仅供上海信鱼私募基金管理有限公司18860455898研究使用，请勿外传 ab 8 January 2025 Global Research First Read (3) Total amount of the 2025 subsidies will be significantly increased, on top of 2024 ones (RMB150bn special CGB fund covering six consumer goods, including home appliances). Details would be announced on the Two Sessions in March 2025. Noteworthy, the Central government has already issued a fund of RMB81bn to support consumer goods trade-in recently before the announcement of 2025 subsidies. This is beyond market expectat ...