Subsidies Boost Sales of Home Appliances in Shanghai
China News
September 24, 2024
In Shanghai, government subsidies are driving a significant increase in home appliance sales as consumers take advantage of the financial incentives. The initiative, aimed at stimulating local consumption, has made products like refrigerators, washing machines, and air conditioners more affordable for households. Retailers report a surge in demand, particularly for energy-efficient models, as shoppers prioritize sustainability alongside savings.