Furniture trade-in policy to stimulate consumption of half a year sales exceeded 1.3 billion

The six-month furniture replacement policy has driven consumption. Yesterday, the Beijing Municipal Commission of Commerce released statistics showing that 11 companies involved in the trade-in were selling more than 200,000 pieces of cabinets, sofas, beds, tables and chairs, with sales of 1.305 billion yuan. At the beginning of this year, the Beijing Municipal Commission of Commerce said that the furniture trade-in will achieve an 11% growth target this year, reaching 855 billion yuan. Judging from the data released so far, it has far exceeded the target of the beginning of the year. According to the introduction of the Municipal Commerce Commission, since June last year, 11 participating companies have sold 205,626 pieces of furniture, sofas, beds, tables and chairs, with sales of 1.305 billion yuan, accounting for 31% of the total sales of four types of furniture. Sales of four types of furniture increased by 22% year-on-year, driving sales of all types of furniture increased by 18% year-on-year. As an important measure to stimulate consumption, Beijing has tried a one-month furniture replacement policy in 2012. According to the data, during the one-month pilot period, furniture sales were used to drive sales of furniture products in the city increased by 11.9%.

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