Guangxi Finances Coordinate Multiple Consumer Support Programs

China News Service reported that the Department of Finance of Guangxi Zhuang Autonomous Region established a joint working mechanism with departments including development and reform and commerce to build a multi-level investment framework driving market expansion. The regional department coordinated funding to implement trade-in programs for automobiles, home appliances, and digital products, including nine categories of smart home appliances such as sweeping robots and integrated kitchen stoves in subsidies, with county-level participants reaching 44.7 percent. Guangxi allocated additional real estate promotional funds in the second half of the year, providing subsidies for new housing, parking spaces, and commercial properties, with supplemental benefits reaching eligible groups such as new citizens and families with multiple children. Authorities also supported Nanning and Beihai in utilizing competitive central project allocations to advance pilot logistics systems, while building over 300 convenient neighborhood living circles across the entire region.

County-level household appliance and digital product sales revenue rose by 60.5 percent and 48.2 percent respectively as consumer policies penetrated rural districts, with county-level entities representing 44.7 percent of participating market actors.