Farmers in Sichuan Province learn about the subsidies for home appliances. Photo: CFP By Tu Lei The national rural home appliance push meant to boost country lifestyles and the overall economy as part of China's national stimulus package has slowed after a fast start. The four-year project began...
Shanghai, May 19 (Gasgoo.com) China will subsidize consumers who replace their old cars and household appliances for new models that are energy-saving and less-polluting, in an effort to spur domestic consumption and protect the environment, the government announced today, xinhuanet.com reported.
China saw retail sales of home appliances and audio equipment increase 10.61% year on year to RMB 201.3 billion in the first eight months, thanks to a series of stimulus policies launched by the central government this year, sources reported.Retail sales grew 4.62% in the first two months of this year,...
Farmers in Sichuan Province learn about the subsidies for home appliances. Photo: CFP By Tu Lei The national rural home appliance push meant to boost country lifestyles and the overall economy as part of China's national stimulus package has slowed after a fast start. The four-year project began...
Sales of home appliances under the Chinese government's rural purchase subsidy program were RMB 6.18 billion in September, down from RMB 7.59 billion in August, according to the figures released by the Ministry of Commerce.Around 3.16 million appliances, including refrigerators, color TVs and mobile...
MELBOURNE, Sept 25 - Australian stocks fell 0.9 percent in opening trade on Friday following falls on Wall Street and weaker commodities prices, while New Zealand appliance maker Fisher & Paykel Appliances <FPA.NZ> slumped after...
SYDNEY, Sept 24 - New Zealand's Fisher & Paykel Appliances <FPA.NZ>, a maker of home appliances, issued a profit warning on Thursday, said it was looking at writing down assets and that it had held...
Yuyao Jixiang Electric Appliance Co., Ltd.
SEOUL, Sept 2 - South Korea's LG Electronics Inc <066570.KS> aims to boost its appliance sales in Europe by 10 percent annually in the coming years and become the global No. 1 in refrigerators and...
SEOUL, Sept 2 - South Korea's LG Electronics Inc <066570.KS> aims to boost its appliance sales in Europe by 10 percent annually in the coming years and become the global No. 1 in refrigerators and...