Household coal-to-electricity projects struggled while central heating systems became a new revenue booster in 2018
The buoyant coal-to-electricity market cooled down in 2018 after two years of fast expansion, posting a soft record as Beijing finished the shifting early on, Tianjin fell short of expectation in public bidding, and remaining cities offered limited subsidies for the projects compared to the two...
Prospects still exist for kitchen appliances in 2019 after a growth slump in 2018
Year 2018 marks a turning point for Chinese kitchen appliance market when the previous double-digit growth was no longer sustained. The market managed an overall growth but not as robust as before amid the influence of the real estate market in the past year. Hit by a sudden slump, kitchen appliance...
Major appliances embark a new round of intelligent upgrade
Intelligentization has emerged as a trend crucial to the development of household appliances in China. After the laying of groundworks including Wi-Fi connectivity, a new round of intelligent upgrades surrounding functions has kicked off in sectors including the refrigerator, washing machine and air...
AI-powered TV emerges as a hot topic of the year
Television is one of the most mature categories of the home appliance industry, and has played an instrumental role on the progression of artificial intelligence. Chinese TV-makers and internet tech companies are all looking at the opportunity. This, along with the ensuing rapid growth and fierce...
China's online home appliance market expands 17.5% in 2018
The size of China's online B2C home appliance market continued steady expansion last year by growing 17.5 percent year-on-year to 576.5 billion yuan ($86 billion), official data showed Feb 24...
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