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Beijing holds flag-raising ceremony on National Day

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Beijing holds flag-raising ceremony on National Day

2024-10-01 07:49 Last Updated At:15:17

A grand flag-raising ceremony was held at the Tian'anmen Square in Beijing on Tuesday morning to mark the 75th founding anniversary of the People's Republic of China.

After trumpet soldiers sounding their clarions, the national flag was escorted into the square by 96 members of the Chinese People's Liberation Army (PLA) Guard of Honor.

Many Chinese have developed the custom to watch the national flag raising ceremony at the Tian'anmen Square on Oct 1 as a way to celebrate the National Day.

Thousands of spectators from all over the country gathered at the square early on Tuesday, waiting for hours to witness the exciting moment. They sang the Chinese national anthem while watching the national flag going up. Many held national flags in their hands and had stickers of the national flag on their faces.

The middle of the square was decked out with an eye-catching 18-meter-tall flower basket decorated for the National Day.

Beijing holds flag-raising ceremony on National Day

Beijing holds flag-raising ceremony on National Day

Beijing holds flag-raising ceremony on National Day

Beijing holds flag-raising ceremony on National Day

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Trade-in program unlocks consumer potential in China's appliance market

2024-10-01 14:25 Last Updated At:14:57

Engaging over five million consumers, China's innovative home appliance trade-in initiative has generated a remarkable 33.5 billion yuan in sales, revealing a vibrant consumption landscape brimming with potential.

According to the Ministry of Commerce, more than 5.11 million consumers have participated in the nationwide appliance trade-in program as of Sunday, purchasing 7.11 million units across eight major categories. This surge has led to sales exceeding 33.5 billion yuan, supported by 6.4 billion yuan in central subsidies.

The program has ignited a passion among the consumers for energy-efficient and smart technology, with a staggering 92.5 percent of sales coming from first-level energy efficiency appliances.

Regions like Hubei, Shanghai, and Chongqing are getting creative with their subsidy offerings, incorporating popular items such as water purifiers, dishwashers, and robotic vacuum cleaners.

As the initiative gains momentum, the Ministry of Commerce is committed to further enhancing the subsidy rollouts. By encouraging local governments to act swiftly, they aim to capitalize on major shopping events like the National Day and "Double Eleven" to fully release the policy effects.

Trade-in program unlocks consumer potential in China's appliance market

Trade-in program unlocks consumer potential in China's appliance market

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