Apple’s pricey iPhones out of China’s new subsidy scheme as ceiling capped at US$818
China’s latest stimulus measure offers a 15 per cent subsidy for purchases of smartphones, tablets and smartwatches.
Beijing renews EV subsidy to spur sales, keeps size of incentive unchanged from 2024
A renewal of the subsidy has been anticipated by dealers and car buyers,” said Chen Jinzhu, CEO of Shanghai Mingliang Auto ...
China expands consumer subsidies to boost spending as tariff risk looms
The move comes as Beijing intensifies efforts to convince cautious households to spend as rising external uncertainties threaten exports’ ability to prop up economic growth.