Home Appliance Retail Market July Total retail sales 62.3 billion yuan

Absrtact: August 13, the National Bureau of Statistics released the monthly report on total retail sales of consumer goods. The report shows that China's home appliance retail market is continuing to improve, the market growth continues to improve, is expected to further warmer in the second half. According to data from the National Bureau of Statistics,

August 13, the National Bureau of Statistics issued the "total retail sales of consumer goods monthly report." The report shows that China's home appliance retail market is continuing to improve, the market growth continues to improve, is expected to further warmer in the second half.

According to statistics of the National Bureau of Statistics, July China's domestic appliances and audio-visual equipment retail volume of 62.3 billion yuan, an increase of 12.6%, the chain growth of 1.9%, January-July total retail sales of 415.8 billion yuan, the year-on-year increase of 8.6%, compared with the January-June increase of 0.7%.

Industry insiders said that, as a result of the first half of 2013 market base is higher, so the overall trend of the 2014 home appliance market is before the cold heat, the second half of the home appliance market is expected to appear warmer trend.

In addition, media reports said, in order to encourage energy conservation and emission reduction technology innovation and promotion, the National Development and Reform Commission is restarting home appliances energy efficiency leader system, the system or will be 11 before landing. Although the energy efficiency leader system no longer implements the GSP and is not consumer-oriented, the industry expects that the implementation of the system will still have a better effect on the home appliance market.