China’s home appliance industry posted aggregated retail sales value of 249.5 billion RMB from Jan to April

According to data from All View Cloud released on May 28th 2018, China’s home appliance industry posted aggregated retail sales value of 249.5 billion RMB, a year-on-year rise of 3.9%, of which sales from online channels (72.1billion RMB) accounted for 29%, 5 percentage higher year-on-year compared...

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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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