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Policy Support For Home Appliance Consumption - MOFCOM

CHINA PRESS

The Ministry of Commerce (MOFCOM) will coordinate policy support for home appliance consumption, according to MOFCOM Spokesperson Shu Jueting. Speaking at a recent press conference, Shu said local governments planned to invest over CNY2.5 billion to promote consumption, with a focus on rural households replacing and upgrading older appliances. Nationwide, officials are planning 300 large-scale promotion activities and will make efforts to upgrade the after sales service industry. Shu added consumers that upgrade to newer appliances will contribute to the green-energy transition. (Source: MOFCOM website)

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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