How much could China’s lowered tariffs on imported goods affect home appliance industry?

China will lower tariffs on some imported consumer goods as a way of further opening up to the world, in a bid to push the industry to elevate their product quality through industrial upgrading while meet the increasingly diversified consumption demands of people, the State Council decided at an...

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Performance of China’s electric massage chair industry

According to CHEAA’s estimation, domestic output of massage chairs (including shared ones) ranged at some 2 million units in 2017, of which 60% went to exports. Domestic growth mainly came from shared massage chairs, a rising sector amid China’s trend of sharing economy which has clearly fueled...

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China’s coal-to-electricity policy to further boost market growth, setting central heating a new trend

As of April 2018, most coal-to-electricity projects ran smoothly after a mild winter and a following cold one, lending credence to the technical roadmap of switching coal-fired boilers to air source heat pumps (ASHP) for space heating in the cold northern China. China’s coal-to-electricity projects...

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Market performance of China’s home appliance industry in Q1 2018

Market performance of China’s home appliance industry in Q1 2018 1. Performance indicators Revenue of China’s home appliance industry grew by 12.6% year-on-year to post 346.5 billion RMB in Q1 2018, while its profit took a dip of 0.23% to come to 18.26 billion RMB. Heading into 2018, China’s ...

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How badly could U.S.-China trade friction affect China's home appliance industry?

As the U.S.-China trade dispute escalates, how badly could it affect China's home appliance industry? As the biggest home appliance exporter of US, China accounted for half of global home appliance exports (parts and accessories excluded) to the US, with some categories taking a particularly high...

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