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China's upgrade and trade-in program yields positive impacts

Updated: Sep 26, 2024 chinadaily.com.cn Print
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Editor's note: China unveiled an action plan to implement the renewal program in March 2024 in an effort to expand domestic demand and shore up the economy, and stepped up follow-up policy support in July.

The program has yielded positive impacts, such as stimulating investment, unleashing consumption, fueling industrial development, improving people's well-being and improving the environment.

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