Subsidies spur consumer spending surge in Qingdao, Shandong

Photo taken on March 25 shows consumers shopping for smart glasses, smartphones, laptops, and new energy vehicles at Huawei Intelligent Life Experience Store in Licang District, Qingdao, Shandong Province. Following the implementation of the 2026 national subsidy policy, Qingdao has launched a new round of trade-in programs for consumer goods. (Photo by Zhang Ying)

Photo taken on March 25 shows consumers shopping for smart glasses, smartphones, laptops, and new energy vehicles at Huawei Intelligent Life Experience Store in Licang District, Qingdao, Shandong Province. Following the implementation of the 2026 national subsidy policy, Qingdao has launched a new round of trade-in programs for consumer goods. (Photo by Zhang Ying)

Photo taken on March 25 shows consumers shopping for smart glasses, smartphones, laptops, and new energy vehicles at Huawei Intelligent Life Experience Store in Licang District, Qingdao, Shandong Province. Following the implementation of the 2026 national subsidy policy, Qingdao has launched a new round of trade-in programs for consumer goods. (Photo by Zhang Ying)

Photo taken on March 25 shows consumers shopping for smart glasses, smartphones, laptops, and new energy vehicles at Huawei Intelligent Life Experience Store in Licang District, Qingdao, Shandong Province. Following the implementation of the 2026 national subsidy policy, Qingdao has launched a new round of trade-in programs for consumer goods. (Photo by Zhang Ying)