China's Trade-In Program Benefits 178 Million in 2026
China's trade-in program has benefited 178 million people in 2026, driving 1.32 trillion yuan in sales through 187.5 billion yuan in subsidies.
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China's trade-in program has benefited 178 million people in 2026, driving 1.32 trillion yuan in sales through 187.5 billion yuan in subsidies.
China's consumer trade-in program drove 1.25 trillion yuan in sales in 2026, benefiting 169M people as Beijing boosts consumption and green transition.
China's trade-in program generated 1.1 trillion yuan in H1 2026, down 31% from last year, as stimulus fatigue sets in and retail sales contract.
China's H1 2026 data: SOE profits hit 1.4 trillion yuan, shipbuilding records, AI-driven fund rally, while unemployment insurance slips into deficit.
China releases third batch of 62.5 billion yuan in ultra-long special treasury bonds for consumer goods trade-ins, boosting sales past 1 trillion yuan.
China injects $9.2 billion in trade-in subsidies as May retail sales fall 0.6%—the first contraction since 2023—signaling stimulus campaign exhaustion.