China_ Policymakers unveiled implementation details for the 2025 _dual upgrade_ plan to boost consumption

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 8 January 2025 | 2:51PM HKT China: Policymakers unveiled implementation details for the 2025 "dual upgrade" plan to boost consumption Bottom line: The National Development and Reform Commission (NDRC), together with several other ministries, held a press conference today to unveil the implementation details for the consumer goods trade-in and equipment upgrade program (the "dual upgrade" program) in 2025. Policymakers highlighted that the "dual upgrade" program proved ...