China will begin providing subsidies for the purchase of smartphones, tablets and smartwatches in 2025.
Specific conditions and sizes Results will remain later. Presumably, subsidies will apply to devices from Chinese companies such as Huawei and Xiaomi. In addition, this program can stimulate the growth of equipment sales on the JD.com and Alibaba platforms.
Chinese users have been regularly upgrading their smartphones since the COVID-19 pandemic to save money and due to significant technological changes.
China already maintains subsidies for the purchase of cars and household appliances. For example, in July 2024, authorities allocated $41.1 billion for such programs. [Bloomberg]
Source: Iphones RU
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
