In 2024, we are expected to see significant price reductions for five items: home appliances, houses, cosmetics, automobiles, and food. These price reductions will bring tangible benefits to consumers, so let's take a look at the reasons and implications.
First of all, the first grade of household appliances is expected to decline in the new round of household appliance subsidy policies. With the continuous progress of science and technology and the intensification of competition in the market, the production cost of household appliances has gradually decreased, which will enable manufacturers to provide more competitive products. In addition, the subsidy policy for household appliances will further promote the decline in order to stimulate market demand. As a result, in 2024, we can expect to enjoy even greater discounts on home appliances**.
Secondly, house prices are also expected to be significant in 2024**. Affected by the epidemic, many people choose to sell their homes or reduce their prices** properties. At the same time, a series of favorable policies, such as housing subsidies and tax cuts, have also been introduced to stimulate the real estate market.
The combined impact of these factors will provide more opportunities and more attractive for homebuyers**.
Third, the ** of cosmetics will also usher in price reductions. With the decline of tariffs on imported cosmetics, the ** of big-name cosmetics will be affected to a certain extent. This will give consumers more options and give them the opportunity to try some affordable international brands. At the same time, domestic cosmetics brands will also face greater competitive pressure, so it is also possible to reduce ** to attract consumers.
The automotive market is a highly competitive one, and 2024 will be no exception. Many car brands will launch preferential policies and price reduction** campaigns to attract more consumers. In particular, the rapid development momentum of new energy vehicles, ** support policies will make these models more competitive. As a result, consumers can expect lower** and more options when buying a car.
Finally, food** is also expected to decrease in 2024.