China's National Development and Reform Commission and the Ministry of Finance have announced that the categories of home appliances covered by the trade-in subsidy policy have been expanded from 8 to 12, with the addition of microwave ovens, water purifiers, dishwashers and rice cookers, as well as an increase in the subsidy for air conditioners from 1 to 3 units, with the maximum amount of subsidy being 6,000 yuan.
The new measures are expected to have a positive impact on consumer demand for home appliances, and investors have also reacted positively to the announcement . . .
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