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ventura textiles limited (516098) hits 52 week high ✌️【Earnings】✌️ Free stock data analysis tools to help you select stocks accurately and capture global market trends. Stay ahead with expert market predictions for better investment returns. 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.

ventura textiles limited (516098) hits 52 week high ✌️【Earnings】✌️ Professional investment advisors provide up-to-the-minute market data, helping you analyze stock trends and select high-potential stocks. Achieve capital growth with well-researched strategies based on expert insights. Microwave ovens, water purifiers, dishwashers and rice cookers will be included in the trade-in scheme for home appliances this year, according to a document issued by the top state planner and the finance ministry on Wednesday. Cellphones, tablet computers, smart watches and bracelets under 6,000 yuan ($818) could get 15% subsidies.

ventura textiles limited (516098) hits 52 week high ✌️【Earnings】✌️ Receive expert stock predictions with real-time updates on global market trends, including stock indices, futures prices, and forex fluctuations. Use our insights to improve your investment strategies and boost your returns. 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.

ventura textiles limited (516098) hits 52 week high ✌️【Earnings】✌️ Free real-time stock market data, professional analysis, and expert insights to help you plan the best investment strategy. Get ahead of the competition with expert predictions on market trends. 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.

ventura textiles limited (516098) hits 52 week high ✌️【Earnings】✌️ Stay informed with expert predictions of stock trends and real-time market data, covering global indices, futures, metals, and agricultural products. Make better decisions and achieve consistent growth in your investments. The campaign resulted in 920 billion yuan in auto sales and 240 billion yuan of home appliances sales in 2024, Li Gang, an official from the commerce ministry, said at the same press conference.

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

ventura textiles limited (516098) hits 52 week high ✌️【Earnings】✌️ Professional stock market analysis, real-time data, and expert recommendations for high-potential stocks. Take advantage of market opportunities and improve your capital growth with strategic investment plans. 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.

ventura textiles limited (516098) hits 52 week high ✌️【Earnings】✌️ Free break-even services with personalized investment plans. Quickly recover from losses, avoid risks, and achieve steady growth with expert stock predictions and real-time market updates. Top Chinese leaders have vowed to “vigorously” boost consumption and expand domestic demand “in all directions” this year.

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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.”

ventura textiles limited (516098) hits 52 week high ✌️【Earnings】✌️ Free access to professional investment advisors who provide real-time market data and trend analysis. Select top-performing stocks and boost your capital with expert strategies for market growth. According to the policy document, China would also increase funds from the ultra-long special treasury bond issuance to support equipment upgrades in key areas.

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.

ventura textiles limited (516098) hits 52 week high ✌️【Earnings】✌️ Free stock market analysis and data updates to help you select the best investment portfolio. Achieve steady growth and avoid losses with expert predictions and real-time market insights. The central bank has arranged a 400 billion yuan low-cost relending facility to support equipment upgrades.

ventura textiles limited (516098) hits 52 week high ✌️【Earnings】✌️ Real-time stock indices and futures data to help you seize the best investment opportunities. Analyze market movements with precision and grow your portfolio with expert stock predictions. Song also said the document suggests that high-tech industrial sectors as well as transportation equipment manufacturing are likely to benefit, helping these sectors build on last year’s solid momentum.

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