National subsidies fuel New Year shopping boom in Qingdao, Shandong
Source：sdchina.com 2026-01-23 20:57:49
On January 22, customers shopped at an appliance store in Licang District, Qingdao City, purchasing items for the upcoming Chinese New Year. At the beginning of the new year, Qingdao City, Shandong Province, launched a new round of consumer trade-in promotion programs. Among the updates, the categories for home appliance trade-in subsidies have been adjusted from 12 to 6, while subsidies for new digital product purchases have been expanded to cover 4 categories. For vehicle trade-ins, the subsidy mechanism has been optimized, shifting from fixed amounts to a percentage-based model aligned with the car's price. The maximum subsidy for scrapping and renewing is now 20,000 yuan, and up to 15,000 yuan for replacement purchases. (Photo by Zhang Ying)
On January 22, customers shopped at an appliance store in Licang District, Qingdao City, purchasing items for the upcoming Chinese New Year. At the beginning of the new year, Qingdao City, Shandong Province, launched a new round of consumer trade-in promotion programs. Among the updates, the categories for home appliance trade-in subsidies have been adjusted from 12 to 6, while subsidies for new digital product purchases have been expanded to cover 4 categories. For vehicle trade-ins, the subsidy mechanism has been optimized, shifting from fixed amounts to a percentage-based model aligned with the car's price. The maximum subsidy for scrapping and renewing is now 20,000 yuan, and up to 15,000 yuan for replacement purchases. (Photo by Zhang Ying)
On January 22, customers shopped at an appliance store in Licang District, Qingdao City, purchasing items for the upcoming Chinese New Year. At the beginning of the new year, Qingdao City, Shandong Province, launched a new round of consumer trade-in promotion programs. Among the updates, the categories for home appliance trade-in subsidies have been adjusted from 12 to 6, while subsidies for new digital product purchases have been expanded to cover 4 categories. For vehicle trade-ins, the subsidy mechanism has been optimized, shifting from fixed amounts to a percentage-based model aligned with the car's price. The maximum subsidy for scrapping and renewing is now 20,000 yuan, and up to 15,000 yuan for replacement purchases. (Photo by Zhang Ying)
On January 22, customers shopped at an appliance store in Licang District, Qingdao City, purchasing items for the upcoming Chinese New Year. At the beginning of the new year, Qingdao City, Shandong Province, launched a new round of consumer trade-in promotion programs. Among the updates, the categories for home appliance trade-in subsidies have been adjusted from 12 to 6, while subsidies for new digital product purchases have been expanded to cover 4 categories. For vehicle trade-ins, the subsidy mechanism has been optimized, shifting from fixed amounts to a percentage-based model aligned with the car's price. The maximum subsidy for scrapping and renewing is now 20,000 yuan, and up to 15,000 yuan for replacement purchases. (Photo by Zhang Ying)
