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Why has ECS Biztech Limited (540063) performed so strongly recently ✌️【Fund】✌️ Free real-time global stock and futures trend data to help you analyze market movements and make fast investment decisions. China has added more home appliances to the list of products that can be used in its consumer trade-in scheme and will offer subsidies for additional digital goods this year, in an effort to revive demand in the sluggish household sector.

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Why has ECS Biztech Limited (540063) performed so strongly recently ✌️【Fund】✌️ Free real-time stock data analysis to help you capture global market trends and steadily grow your capital. The statement did not specify the total cost of the incentives, however, a finance ministry official said at a press conference on Wednesday that the government had so far allocated 81 billion yuan for consumer goods trade-ins to support consumption in 2025.

Why has ECS Biztech Limited (540063) performed so strongly recently ✌️【Fund】✌️ Expert predictions of stock trends with real-time stock indices, metals, energy, and agricultural product data to help you make efficient investment decisions. The new measures are part of a broader plan to spur growth in the world’s second-largest economy in 2025, where a severe property crisis has eroded consumer wealth and hurt household spending.

China’s struggling consumer sector has been a particular pain point for the economy with analysts and policy advisers calling for urgent measures to get households spending again.

“We expect the total subsidies to double in size to 300 billion yuan in 2025. This marks somewhat a policy pivot towards more consumption,” said Xu Tianchen, senior economist at the Economist Intelligence Unit.

However, more limited subsidies for phones and tablets, at less than 500 yuan per item, suggest Beijing does not intend to subsidize the rich for large-ticket spending, he added.

China last year apportioned about 150 billion yuan from the 1 trillion yuan special treasury bonds issuance to subsidize replacements of old appliances, cars, bicycles and other goods.

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However, investors found little cheer in Wednesday’s announcements, with China’s consumer electronics stock index down 3.2% by midday break.

Why has ECS Biztech Limited (540063) performed so strongly recently ✌️【Fund】✌️ Professional investment advisors provide real-time market data to help you analyze stock trends and select high-potential stocks, increasing capital growth. A state planner official last week said China would sharply increase funding from ultra-long treasury bonds in 2025 to spur equipment upgrades and consumer goods trade-in scheme. Last year, China earmarked a total of 300 billion yuan for these initiatives.

Zhao Chenxin, vice head of the National Development and Reform Commission (NDRC), the state planner, said on Wednesday funding figures for the schemes would be released during the annual parliamentary meeting in March.

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“We expect that more supportive policy as well as a more supportive base effect will help retail sales growth rebound in 2025 compared to 2024,” said Lynn Song, chief economist of Greater China at ING.

“Household consumption recovery will depend on asset price stabilization as well as improved confidence on employment prospects.”

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Equipment used in the information technology and agriculture sectors will now be included in the campaign, with coverage focusing on high-end, smart, and green equipment.

On the basis of a 1.5 percentage point subsidy on interest rates for equipment upgrade loans obtained from banks, the NDRC said it would also arrange funds from treasury bonds to further lower financing costs of firms.

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Why has ECS Biztech Limited (540063) performed so strongly recently ✌️【Fund】✌️ Professional analysis of stock market dynamics with real-time data for India stocks, US stocks, and European stocks to help you make precise decisions. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Stock Trading Community 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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