Electricity consumers in the country failed to pay N348.84bn of electricity bills issued to them by the 11 Electricity Distribution Companies (DisCos, Daily Trust reports.
Last year, 1.29 million new energy passenger cars were exported from China, representing a year-on-year increase of 24.3 percent. In December alone, retail sales of new energy passenger cars rose 37.5 ...
The policies aim to boost key sectors by providing subsidies for purchasing new digital products, home appliances, and ...
The Commerce Bureau of Shenzhen Municipality grounded a fresh round of trade-in subsidy policy for consumer goods effective ...
China’s National Development and Reform Commission (NDRC) and the Ministry of Finance (MOF) further clarified that individual consumers will be given a 15% subsidy for the purchase of three types of ...
The rise in import duties, which comes on top of a separate policy last October to reduce tax rebates on fuel oil shipments, ...
Asian equities were mixed but mostly lower overnight as Singapore and Korea outperformed and Pakistan and Hong Kong ...
Apple's latest iPhone models are mostly excluded from China's new subsidy scheme for boosting domestic consumption, giving ...
The National Development and Reform Commission, China's top economic planner, said Wednesday that the government will include more products in its home appliance trade-in program in 2025, extending ...
China will subsidize more consumer products and boost funding for industrial equipment upgrades, ramping up a program aimed ...
China plans to expand consumer trade-ins for home appliances and digital purchases by offering new subsidies to stimulate domestic demand. Products like microwaves, smartphones, and tablets are ...
China has renewed a trade-in subsidy of up to 20,000 yuan ($2,730) to help underpin sales of fuel-efficient vehicles, ...