China Government Subsidy Program May Boost TV Demand

Published October 14, 2024

A subsidy program implemented by the Chinese government, part of a wider set of packages to revive the economy, is expected to boost TV demand in the fourth quarter. On September 25th, China’s NDRC (National Development and Reform Commission) issued CNY 150B (US$21.4B) of ultra-long-term special national bond funds to localities to support the implementation of consumer goods trade-in according to local conditions

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Written by

Bob O'Brien

bob.obrien@displaysupplychain.com

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