Advertisement
Apple, Samsung, Xiaomi left out of Shenzhen’s 100-million-yuan subsidy even as China’s tech hub expands eligible product list
- The government made an additional 1,158 products eligible for 100 million yuan (US$15 million) in purchase subsidies as it seeks to stimulate spending
- Consumers can get a 15 per cent break on 9,407 gadgets and appliances, but none from Apple, Samsung, or Beijing-based Xiaomi
Reading Time:2 minutes
Why you can trust SCMP
A subsidy programme rolled out by the Shenzhen government to boost consumer spending on home appliances and electronic gadgets has expanded its list of eligible products, excluding big global names Apple and Samsung in favour of Chinese brands that call the nation’s southern technology hub home.
Advertisement
The 100 million yuan (US$15 million) programme, announced in April to boost consumption, now offers consumers 15 per cent subsidies on purchases of 9,407 qualified products.
Authorities on Wednesday updated the product list, initially released in late April, adding more electronics devices and home appliances, including more smartphone models from Huawei Technologies and Honor as well as computers from Lenovo. Local and regional companies dominate the list, while foreign smartphone brands Apple and Samsung, as well as Beijing-based Xiaomi, remain absent.
The list now includes thousands of Huawei products from backpacks to smartphones, hundreds of products from Honor, and smartphones from Oppo, Vivo, Lenovo and ZTE. Also on the list, drone maker DJI, Shenzhen-based smart-home brand Orvibo, and home-appliance brands Midea, TCL, Hisense, Konka, Gree and Skyworth.
The enticement campaign runs until the end of August or until the budget is used up, according to the Shenzhen government. It remains unknown whether Shenzhen will expand the list to cover more products.
Advertisement
Advertisement