Tang Dongsheng, a professor at Foshan University, said that the consumer goods trade-in program significantly boosted demand in sectors like home appliances last year.

Since the start of 2025, China has distributed 1 billion yuan (US$139.48 million) in subsidies to over 1.65 million consumers ...

A large-scale property fair has been held in Taiyuan, capital of northern China's Shanxi Province. More than 50 real estate companies participated in the event, showcasing 110 housing projects. The ev ...