China's Housing Market Revived Through Trade-In Scheme in 'iPhone City'
Sunday, 14 April 2024, 03:30
China Property Market Revived by iPhone City Trade-In Scheme
China is implementing a trade-in scheme to boost its sluggish property market by encouraging property owners to swap their old homes for new ones. Zhengzhou, known as 'iPhone City', is leading the initiative to stimulate housing sales. The trade-in scheme has been introduced in at least 30 other mainland cities as part of the effort to uplift the property market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.