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China's latest efforts to promote trade-ins of home appliances will further stimulate consumer spending appetites, bolster consumption recovery and inject strong momentum into the country's economic growth, experts said. They called for establishing mechanisms and industry standards for recycling, circulating and dismantling of aging and outdated household appliances. Meanwhile, Chinese home appliance enterprises should expand recycling channels and drive the popularization of green and intelligent products, they added. Chinese home appliance manufacturer Hisense Group is intensifying efforts to provide trade-in subsidies and discounts to consumers who are willing to replace old appliances with energy-saving, intelligent and high-quality alternatives. ▲ A consumer (right) learns about trade-in plans for home appliances at a store in Chongqing in July. Sun Kaifang/For China Daily The company said apart from government subsidies, consumers could enjoy additional subsidie
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