Henan Expands Trade-In Subsidies to Kitchen and Smart Home Appliances

Cointime update: Henan Province has issued new measures to boost consumption, adding gas stoves, range hoods, water purifiers, dishwashers, dryers, smart cleaning robots and digital cameras to its trade-in subsidy program. Eligible products receive a 15% subsidy on the final sale price, capped at 1,500 yuan per item, with one subsidized unit per category per consumer. Funds are allocated on a first-come, first-served basis until exhausted.