Renewals, trade-ins unlock investment, consumption
Passenger cars wait to be shipped in Ningde, Fujian province, for sale to various markets on Oct 10. WANG WANGWANG/FOR CHINA DAILY China’s stimulus package, which includes incentives for large-scale equipment renewals and consumer goods trade-ins, has helped to boost investment growth, unlock consumption potential, and better facilitate economic recovery amid domestic downward pressure, officials and…