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China's Retail Sales of Home Appliances Maintains Double-Digit Growth
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China's retail sales of home appliances maintains double-digit growth
China's retail sales of home appliances maintained double-digit growth for eight consecutive months to April, fueled by the country's consumer products trade-in program, the Ministry of Commerce said on Thursday.
·China
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China's home appliance sales surge amid trade-in policy support
China’s home appliance market saw sustained expansion in the first four months of 2025 amid government policies to subsidize trade-ins of key consumer goods, the Ministry of Commerce said Thursday. Data from the ministry showed that over 34 million consumers participated in the home appliance trade-in program in the first four months of this year, buying a total of 51 million units of 12 appliance categories and generating 174.5 billion yuan (24…
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