A visitor checks out products of Bear Electric Appliance Co Ltd during an expo in Shanghai on May 12. [Photo/China Daily] Chinese small home appliance makers are accelerating steps to expand their footprint in emerging overseas markets and increasing investment in localized research and development as part of a broader push to bolster sales globally … Continue reading Home appliance makers eye bigger global reach
Tag: appliances
JD to expand trade-in deals to boost consumption
A logo of Chinese e-commerce giant JD. [Photo/IC] Chinese e-commerce platform JD and its partners will invest 6.5 billion yuan ($900 million) this year to encourage consumers to upgrade their refrigerators, televisions, other consumer durables and home furnishings through trade-in deals, as part of the country’s broader efforts to bolster domestic consumption. China is encouraging … Continue reading JD to expand trade-in deals to boost consumption