Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

China Expands Home Appliance Replacement Program
Jun 4, 2010
 Printable format
 Email this Article
 Search

China's Ministry of Commerce (MOC) said on June 3 that it will expand its home appliance replacement program from nine to 28 cities and provinces. The expanded program started June 1 and lasts until the Dec. 31, 2011.

Consumers sell old appliances to recycling centers in exchange for a voucher that is then presented to the retailer for the 10% discount.

Hebei, Shanxi, Liaoning, Jilin, Anhui, Fujian, Jiangxi, Henan, and Hubei provinces were added to the program, as well as the cities of Dalian, Xiamen, and Chongqing.

Appliance buyers will get an incentive worth 10% of the purchase price for TVs, refrigerators, washers, air-conditioners, and PCs.

The stimulus is expected to result in an extra 150 billion yuan (approx. US$22 billion) in domestic spending.

Back to Daily News

 

Daily News

...........................................................

Aug 28, 2014: LG Heat Pump Clothes Dryer Earns Emerging Technology Award

Aug 28, 2014: Early Snowthrower Demand Boosts Toro Sales

Aug 27, 2014: Sustainability Standard Launched for Household Portable and Floor Care Appliances

Aug 27, 2014: Electrolux Joins AllSeen Alliance to Develop Seamlessly Connected Appliances

Aug 27, 2014: HRAI Awards Industry Leaders at 46th Annual Meeting

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows