Xu Xingfeng, director general of the Department of Consumption Promotion of the Ministry of Commerce of the People's Republic of China (MOFCOM), said at a special news conference held by the National Development and Reform Commission (NDRC) that, there are 24 localities that have introduced subsidy policies for auto replacement, and 20 localities that have issued special documents on the trade-in of home appliances.
In 1H24, China's recycling volume of scrap cars amounted to 2.778 million, up 27.6% YoY, while the national recycling volume of scrap cars in May/ June increased by 55.6%/ 72.9% YoY, respectively.
China's assets explosion and the high record global capital influx hit
Hong Kong Stocks Surge, Hang Seng Index Opens Up 543 Points
China's bailout policy triggers LVMH and Hermès to rise nearly 10%
Will policies boost confidence and the A-share market live up to expectations?
Check whenever you want
WikiStock APP