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EconomyChina’s consumer goods trade-in programs generate 1.1 trillion yuan in H1

China’s consumer goods trade-in programs generated 1.1 trillion yuan in sales during the first half of 2026, according to official data released Wednesday. The figure is equivalent to about 161.9 billion U.S. dollars. The programs benefited 150 million consumers, highlighting their reach across the country’s consumer market during the six-month period.

China economytrade-in programsconsumer spending

CChina News Service★★★☆☆2026-07-23 02:19Original

China’s consumer goods trade-in programs generate 1.1 trillion yuan in H1
Economy