Just Released: "Furniture and Homewares Stores in China"
In spite of the strict control over the real estate market by the relevant authorities, strong demand for properties, mainly from newly-weds, and ongoing urbanisation underpinned vigorous growth in the furniture and homewares market in 2012. In addition to demand from new households, the upgrade requirements of existing households also fuelled the growth of this category, in line with consumers' growing pursuit of a better living environment, aided by rising household incomes.
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