Foreign brands benefit from China’s consumption stimulus

News ESG General Updates

Date: 25th Mar, 2025 Source: Ministry of Human Resources and Social Security Country: China Original Source

Brief

"On March 25, millions of Chinese consumers trade in devices for latest models, benefiting both Chinese and foreign brands. China's consumption stimulus policies, including trade-in programs, have driven equipment purchases up by 15.7% and boosted sales of bulk durable consumer goods by over 1.3 trillion yuan last year."

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Ministry of Human Resources and Social Security

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Foreign brands benefit from China’s consumption stimulus

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Foreign brands benefit from China’s consumption stimulus

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Ministry of Human Resources and Social Security

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