China's trade-in programs expected to further boost consumption during May Day holiday https://tankie.tube/videos/watch/05ca3966-979d-428f-8d83-4ff043b36f50 China has announced the renewal of the trade-in subsidy program for consumer goods in 2026. Analysts believe it will form part of broader efforts to boost consumption for the May Day holiday. According to the Ministry of Commerce, China's trade-in program had resulted in sales of over 500 billion yuan (about $73 billion) as of mid-April, benefiting nearly 69 million purchases. This is all believed to get the 15th Five-Year Plan period (2026-2030) off to a good start. 📺 Subscribe to our YouTube channel and stay updated with our latest analysis and interviews:👇 https://www.youtube.com/channel/UCgrNz-aDmcr2uuto8_DL2jg 👈 Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv For more: https://www.cgtn.com/video Most watched videos: Impossible Challenge: 30 seconds to count banknotes BLINDFOLDED https://www.youtube.com/watch?v=ZmP_Ybj-jws Impossible Challenge: Gymnastics Boy Arat Hosseini from Iran! https://www.youtube.com/watch?v=8sxX--U4c8w Impossible Challenge: How to calm babies in 5 seconds? https://www.youtube.com/watch?v=kR3q9sXM7WA Sun, 03 May 2026 10:17:49 GMT https://validator.w3.org/feed/docs/rss2.html PeerTube - https://tankie.tube China's trade-in programs expected to further boost consumption during May Day holiday https://tankie.tube/lazy-static/avatars/3ba3ff73-a8b6-49c9-add8-9653ef090c7f.webp https://tankie.tube/videos/watch/05ca3966-979d-428f-8d83-4ff043b36f50 All rights reserved, unless otherwise specified in the terms specified at https://tankie.tube/about and potential licenses granted by each content's rightholder.