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China News: Subsidies Boost Sales of Home Appliances in Shanghai

  

September 24, 2024     Share on   facebook   Twitter

In Shanghai, government subsidies are driving a significant increase in home appliance sales as consumers take advantage of the financial incentives. The initiative, aimed at stimulating local consumption, has made products like refrigerators, washing machines, and air conditioners more affordable for households. Retailers report a surge in demand, particularly for energy-efficient models, as shoppers prioritize sustainability alongside savings.