China's digital product sales hit $20 billion in four months due to government subsidies

China's government subsidies, aimed at boosting domestic consumption, have spurred a surge in digital product sales, generating approximately $20 billion in just four months. Over 48 million consumers participated, purchasing 51.48 million products. This initiative has led to a significant increase in retail sales of communication appliances and a shift towards higher-end smartphones.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/FBReCGK