# Consumer Stimulus

China’s Multi-Billion Dollar Multiplier: Beijing Injects 62.5 Billion Yuan to Supercharge Domestic Demand

China has released 62.5 billion yuan in special treasury bonds to fund a national consumer trade-in program that has already generated over 1 trillion yuan in sales. The initiative boasts an improved leverage ratio of 1:10.3, signaling high efficiency in converting government subsidies into private consumption.