Hey there! Have you ever wanted to trade your old phone or tablet for a shiny new one? 📱✨ Well, in the Chinese mainland, over 20 million people have done just that!
The government started a super cool program three weeks ago that gives people money back when they trade in their old electronic gadgets. So far, more than 20 million consumers have applied for these awesome subsidies! That’s a lot of people getting new tech toys! 😮
Here’s how it works: When someone trades in their old device, they can get up to 500 yuan (about $70) back to buy a new one. It’s like getting a bonus for recycling! ♻️
Thanks to this program, sales of electronics like mobile phones have skyrocketed. In fact, just before the Spring Festival (which fell on January 29 this year), mobile phone sales in China jumped by 74% in the number of phones sold and 65% in sales value! 📈
This trade-in program doesn’t just help people get new gadgets—it also helps the environment by encouraging recycling and reducing waste. Plus, it boosts the economy by increasing consumption. Win-win! 🌍💚
Last year, similar programs helped sell 920 billion yuan worth of cars and 240 billion yuan worth of home appliances. That’s a lot of shopping! 🚗🛍️
So, what do you think? Would you trade in your old devices for new ones if you got some money back? It’s a great way to stay up-to-date with the latest tech while also helping out the planet!
Reference(s):
Over 20 million Chinese apply for electronics trade-in subsidies
cgtn.com
