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World Today
How China’s new trade-in policies supercharge consumption?
Jan 9, 2025
Dr. Wang Jing, an Associate Professor at Northwest University, discusses China's growing partnership with Chad, emphasizing mutual development. Dr. Zhou Mi, a Senior Research Fellow, explores innovative trade-in policies aimed at boosting consumer spending and modernizing industries. Victor Gao, a Chair Professor, delves into the aftermath of a significant earthquake in Xizang, highlighting rescue efforts and government mobilization. The dialogue showcases China's proactive approach to both economic policy and disaster relief.
45:05
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Quick takeaways
- China and Chad are enhancing their cooperation to improve Chad's infrastructure and boost strategic development amidst their mutual interests.
- China's new trade-in policies encourage consumer spending by expanding subsidy eligibility, fostering modernization of industrial equipment for sustainable growth.
Deep dives
Strengthening China-Chad Relations
China and Chad are enhancing their cooperation, focusing on mutual interests and development. Chad's President Mohammed Idris Deby expressed a desire to improve communication and coordination with China, acknowledging China as a strategic partner in the country's development. In recent talks with Chinese Foreign Minister Wang Yi, both sides emphasized their commitment to implement agreements made during the China-Africa Cooperation Summit. The visit is seen as a significant step toward strengthening ties and elevating their relationship to a more strategic level.
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Discover
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