China’s 2026 trade-in subsidy program is energizing consumer demand for home appliances and digital devices nationwide. Individual consumers purchasing energy-efficient appliances receive subsidies up to 1,500 RMB ($213) per item, equivalent to 15% of final purchase price. Eligible products include refrigerators, washing machines, televisions, air conditioners and computers. Digital products like mobile phones and smartwatches under 6,000 RMB receive subsidies capped at 500 RMB ($71) per item. Stores and e-commerce platforms have launched additional discounts and interest-free installments, combined with government vouchers, further stimulating consumer enthusiasm across multiple provinces.