New Market Report: Consumer Appliances in China
Consumer appliances suffered from decelerated growth over 2011/2012, especially major appliances. The slow-down was largely due to several factors, including, but not limited to, slower economic growth, the sluggish real estate market, as well as the ends of the Household Appliances Trade-In Subsidy Programme and the Rural Household Appliances Subsidy Programme, in 2012.
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