China's H1 2011 Rural Appliance Sales Reach RMB 125 Bln

Netease Tech, 7/05/11

According to statistics released by China's Ministry of Commerce (MOFCOM), 50.94 mln electrical and electronic appliances were sold nationwide through the "Appliances to the Countryside" subsidy program in the first half of 2011, resulting in RMB 124.58 bln in sales, up 56.7% YoY and 83.7% YoY respectively.

As of June 30, 2011, 5.71 mln electrical and electronic appliances were sold nationwide through the "Appliances to the Countryside" subsidy program, resulting in RMB 15.05 bln in sales, up 4.4% YoY and 11% YoY, respectively.

Keywords: national statistics government subsidy government initiative consumer electronics home appliances hardware rural Ministry of Commerce Appliances to the Countryside

Feedback

Sending

Disclaimer

The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily