China's consumer goods trade-in programs generate sales of 1.1 trillion yuan in H1(1/1)

China's consumer goods trade-in programs generated 1.1 trillion yuan (about 161.9 billion U.S. dollars) in sales in the first half (H1) of 2026, benefiting 150 million consumers, official data showed on Wednesday. Of the total, automobile trade-ins accounted for 3.707 million vehicles, while home appliances trade-ins reached 63.266 million units. Digital and smart product purchases totaled 79.098 million units.