China's TV set sales see biggest drop in 14 years
China's TV set sales decelerated in 2017, marking the biggest drop in 14 years, a private report showed. China sold 47.52 million television sets last year, down 6.6 percent year-on-year, the biggest decrease since 2003, according to a report from domestic home appliance market monitor All View...
Read More →Laundry sector undergoing a structural change in products
China’s rising young consumers is changing the mainstream consumption concept of this big market. In laundry market, this works too. China’s laundry sector is witnessing a rise of personalized and niche demands, which opens up new opportunities for the industry. At this moment, industry players...
China’s air purifier sector enters its honeymoon period
After five years of evolvement, China’s air purifier sector gets on a path towards healthy development. In March 2016, China’s new national standard for air purifiers kicked in, clarifying the development direction of this sector...
Coal to clean energy project heats up the heating market in Northern China
Amid China’s Ministry of Environmental Protection’s (MEP) action plan of cutting coal consumption volume of 28 cities to a negative growth, heat pump water heaters and gas boilers, major replacements of coal-burning boilers, saw a surge in market size...
Performance of China's home appliance industry in 2017 and outlook in 2018
China’s home appliance industry has seen its economic indicators continuously going up in 2017 thanks to its efforts in technology upgrading and product mix rebalancing. The main operating revenue from Jan to Oct posted 1.36 trillion RMB, a year-on-year rise of 18.1%, and profit for the same period...
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