China invests $9.2B in consumer goods program

China allocated $9.2 billion to support a program in 2026 aimed at replacing old consumer goods with new ones, with the goal of promoting green and smart consumption. Since its launch, the program has made progress by surpassing one trillion yuan in sales by mid-June, enabling 136 million transactions, and witnessing increased interest in energy-efficient products, new vehicles, and smart glasses.

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