Latest news and articles about 2026 policy
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Shanghai will subsidise purchases of top‑rated energy and water‑efficient household appliances — refrigerators, washing machines, TVs, air conditioners, computers and water heaters — at 15% of the sale price up to ¥1,500 per item. The measure aims to stimulate consumption and accelerate household upgrades while supporting municipal energy‑saving goals, though its impact depends on implementation and recycling capacity.