First Month of 'New National Subsidy' Sees Over 150 Million Home Appliances, Digital and Smart Products Subsidized Nationwide

This news article reports on the initial results of China's optimized subsidy policy for home appliance trade-ins and purchases of new digital and smart products, noting over 150 million units sold in January with nearly 590 billion yuan in sales. It states the policy is now fully implemented and outlines the Commerce Ministry's next steps to support the program.