Data | Exports and imports of China rallied with positive growth in June

For the first half of 2020, China’s total exports and imports stood at 14.24 trillion Yuan, down by 3.2% year-on-year, a decline narrowed by 1.7% compared to the figure for the first five months, according to General Administration of Customs. The export value for H1 came to 7.71 trillion Yuan,...

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Data | Dishwasher market maintained growth in the first five months of 2020

Dishwasher market saw retail sales value of 2.4 billion RMB from January to May 2020, up by 11.8% year-on-year, and retail sales volume of 0.548 million units, up by 24% year-on-year, according to All View Cloud. Dishwasher sector is one of the few sectors of home appliances that maintained positive...

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Data | Online sales of household garbage disposals surged in H1

Household garbage disposal sector saw online sales volume of 40,000 units and sales value of 80 million Yuan for June 2020, a surge of 183% and 228% year-on-year respectively, according to monitored data of online sales from China Market Monitor. The month witnessed the highest sales of the category...

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Data |Online retail sales value of TVs estimated to slump by 23.7%

Given the high inventory left by the lackluster Spring Festival campaign and the influence of covid-19, China’s TV sector is estimated to reach 20.87 million units by volume and 50.6 billion Yuan by value for the first half of 2020, down by 9.2% and 23.7% year-on-year respectively, according to the...

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Home appliance industry into the era of Internet-based distribution amid covid-19

At a packed retailer meeting in August 2017, Leng Ling, then President of Aux Home Appliance, excitingly announced: “I invite all the retailers of Aux to join our transformation in the internet era. Let’s break the old distribution mode, and build a highly efficient vertical mode.” After that,...

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