What is the main topic?

The article discusses China's subsidised auto trade-in program aimed at boosting car sales and economic growth.

What is the purpose of the program?

The program aims to increase car sales and stimulate economic growth in China.

How is this program similar to the U.S. initiative?

It is likened to the U.S. cash-for-clunkers stimulus that boosted car sales.

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Home > Finance > China kicks off subsidised auto trade-ins

Finance

China kicks off subsidised auto trade-ins

Published by Global Banking & Finance Review®

Posted on January 17, 2025

1 min read

Last updated: January 27, 2026

China's new subsidised auto trade-in program aims to boost car sales - Global Banking & Finance Review — The image represents China's launch of a subsidised auto trade-in program, similar to the U.S. cash-for-clunkers initiative, aimed at stimulating economic growth and increasing car sales.

China kicks off subsidised auto trade-ins

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China Initiates Subsidised Auto Trade-In Program

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