China, Socialism & Consumer Behavior: extending old-for-new car, appliance selling spree

China is going to expand schemes that give domestic consumers a discount if they trade in old cars and household appliances for new ones, said Chinese Vice Commerce Minister Jiang Zengwei.

The programs will contribute to a fresh drive by the government to boost rural and urban consumption in 2010 to push up overall economic development, Xinhua news agency quoted Jiang recently as telling a forum in Beijing.

The trade-in offers, along with tax rebates for rural buyers of domestic appliances and tax breaks on fuel-efficient cars, have helped sustain retail sales, which rose 16.2 percent in the year to October/2009.

via China to extend old-for-new car, appliance selling spree – People’s Daily Online.

Itamar Medeiros

Originally from Brazil, Itamar Medeiros currently lives in Germany, where he works as Lead Product Design Strategist at SAP and promotes User Experience Design as visiting lecturer at Köln International School of Design. Working in the Information Technology industry since 1998, Itamar Medeiros has helped truly global companies in several countries (Argentina, Brazil, China, Germany, Hong Kong, India, Mexico, The Netherlands, Poland, United Arab Emirates, United States) create great user experience through advocating Design and Innovation principles. During his 7 years in China, he championed the User Experience Design discipline as User Experience Manager at Autodesk and Local Coordinator of the Interaction Design Association (IxDA) in Shanghai

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.