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Beijing to promote home appliance sales via trade-ins

ABSTRACT

China’s central government aims to promote domestic sales of electric home appliances via a trade-in policy and within three years, as well as to set up an orderly system for collecting, separating and recycling old home appliances, according to two posts from the country’s National Development and Reform Commission (NDRC) on May 18 and May 19.
Seven ministerial organizations including NDRC, Ministry of Finance, Ministry of Industry and Information Technology, and Ministry of Commerce have jointly issued an implementation guideline on how to implement trade-ins, improve the collection of old home appliances and to promote sales of eco-friendly and less energy-consuming models. China’s central government also aims

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