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China rolls out digital product subsidies, making iPhones and other smartphones super affordable

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China has announced a new subsidy scheme to encourage consumer purchases of digital products, including smartphones, tablets, and smartwatches. The subsidy will be effective starting January 20th, 2025. Government Subsidies Slash Smartphone Prices Nationwide This initiative aims to make these digital products more affordable for consumers. Under the program, eligible products priced below 6,000 yuan […]

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