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Apple designated products can access China’s government subsidy program, with a maximum saving of $278
US tech giant Apple announced on Tuesday that designated products will be included in a government subsidy program in China, with a maximum savings of 2,000 yuan ($278). The subsidized items include Apple's smart watches, smartphones, tablets, and computer monitors.
Apple's move is symbolically significant, showing that the government subsidy program treats domestic and foreign brands equally, Ma Jihua, a veteran telecom industry analyst, told the Global Times on Tuesday. According to the latest report from research firm IDC, the total shipments of China's PC (personal computer) monitor market in the first quarter of 2025 reached 7.07 million units, a year-on-year increase of 14 percent. An initial 162 billion yuan was distributed in two installments (January and April) to fund first-half operations, with additional tranches scheduled for July and October to cover the latter half of the year.
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