Online sales of home appliances rise by 22% in H1

Online sales of home appliances in China stood at 264.1 billion yuan ($38.6 billion) in H1, up 22 percent year on year, according to a report released by the China Center for Information Industry Development under the Ministry of Industry and Information Technology on August 2nd 2018...

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RMB depreciation could make China’s home appliance industry more concentrated

The exchange rate of the RMB against the US dollar plunged starting from the second quarter of 2018, depreciating 8% in July from April and falling below 6.91 recently to a new low. People's Bank of China announced on August 3rd that, it will adjust forward foreign exchange risk reserve requirement ...

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Growth of separate dryers slowed down in H1 2018

Separate dryer sector posted retail sales volume of 163,700 units in the first half of 2018, a year-on-year rise of 31.5%, and sales value of 708 million RMB, a year-on-year growth of 51.2%, according to All View Cloud. The average price has climbed by 16.5% to reach 4323 RMB, mainly attributed to...

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Ventilation sector saw a 120% surge in combined online sales from Jan to May in 2018

Ventilation sector posted a combined online sales of 47.7 million yuan from Jan to May in 2018, with an estimated growth rate of 120%, according to All View Cloud. Both the sales value and volume of this product have maintained a fast growth for the past four months. All View Cloud learns from its...

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Beauty and health care appliance industry rises with upgraded consumer experience

China’s beauty and health care (personal care) appliance industry ushers into a period of restructuring and upgrading after going through the stage of proliferation. At this point, the industry is going high-end and diversified, breaking down into many categories...

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