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Beijing: Home Appliances Trade-in Policy Implemented
August 12, 2009 |
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Comments | Category: Gadgets & Electronics
After a two-month preparation period, Beijing has formally launched its home appliances and electronics "old-for-new policy" and the detailed implementation regulations have also been published.
In June 2009, China launched a home appliances and electronics trade-in implementation solution and stated that from June 1, 2009, to May 31, 2010, people who have the registered residences in the pilot provinces and cities can gain a 10% subsidy when buying new home appliances products if they provide their old ones at the time of purchase. As one of the nine pilot provinces and cities, Beijing has been working on the detailed implementation regulations since then and the regulations were formally published on August 10.
According to the regulations, consumers who want to participate in this home appliances trade-in activity only need to dial the recovery reservation line of designated companies, and staff from these companies will come to collect the old home appliances. At the same time, consumers will receive a credit statement, with which they can gain the subsidy when buying designated home appliances products from the designated companies.
The designated companies include electronics retail outlets such as Suning, Gome, and Dazhong.
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