China's digital product sales hit $20 billion in four months...

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

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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.

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