Appliances to the countryside for the consumer electronics market in China has brought new hope - bringing home appliances, LCD TV - Network Appliance Industry-hc360 HC

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By the U.S. subprime mortgage crisis set off a global financial crisis, the international economic situation deteriorated sharply, leading to slower world economic growth. In 2008, China's economic operation very complex situation facing the domestic row with serious natural disasters, first year in the south of the snow disaster, Wenchuan earthquake followed.

mobile phone lanyard

World's major economies in recession and struggling. The face of difficulties and challenges of the development of the situation changes, China's macro-control calmly, in a timely manner to the "double prevention" of the control policy be adjusted to "guarantee a control", and has issued a series of supporting policies. Practice shows that these policies have achieved remarkable results in the consumer price gains continued to decline, the national economy maintained steady and rapid growth. Under such a situation, in 2008 the Chinese consumer electronics market has gone through what changes? embroidery patches



Consumer electronics market is still growing



The global financial crisis, not only in North America and Europe, the development of the two economies suffered serious setbacks and recession, and consumers about the economic outlook generally pessimistic about the market demand, growth is slowing down. At the same time, China, India and other emerging markets are also involved in the current financial crisis, slowing demand, the scale of expansion slowing.



According to related statistics: China's consumption growth still maintained rapid growth, some consumption of hot or decrease the growth rate dropped significantly, the first three quarters of total retail sales of social consumer goods was 7.7886 trillion yuan, up 22.0%, compared 6.1 percentage points over the corresponding period, the limit for wholesale and retail, household appliances and audio-visual equipment, consumer products rose 19.6%.



The PRC, estimates of market research: from January to September 2008 the Chinese consumer electronics market, sales rose 5%, sales rose 14.1%, while the fourth quarter of the first month of October, consumer electronic market sales fell 19.63%, sales fell 18.77%. Among them,

TV

Market from January to September sales rose 6.27%, sales rose 31.71%, October sales volume and sales fell by 14.81 percent and 21.4 percent.



DVD

Market, January-September sales volume and sales fell by 12.93% and 15.92% in October sales and sales is down 36.3% year on year respectively, and 39.56%.



Audio and HTIB market from January to September sales rose 0.7% year on year, sales are down 0.26% year on year, 10 months of sales volume and sales fell by 33.84 percent and 32.73 percent, excluding holidays affect factors, the domestic consumer electronics market is still seen entering the fourth quarter, a period of major adjustments.



Although the global financial crisis and slowing demand growth deceleration scale phenomena such as expansion in the fourth quarter, China's consumer electronics market slowly show, but in 2008 the Chinese consumer electronics industry to bring our is still a surprise. Estimated in 2008 the sales volume of China's consumer electronics industry will reach more than 2% growth rate, sales growth will reach 8%.



Cautiously optimistic about the export market



According to related statistics: China's trade surplus is declining. The first three quarters, China's import and export amounted to 1.9671 trillion U.S. dollars, up 25.2% over the same period the previous year by 1.7 percentage points. Among them, the export of 1.0741 trillion U.S. dollars, up 22.3%, down 4.8 percentage points year on year; imports of 893.1 billion U.S. dollars, up 29.0% over the same period the previous year increased by 9.9 percentage points. Trade surplus was 181 billion U.S. dollars, down 4.7 billion.



Administration of Customs statistics also show that 1-October, China's color TV export volume and value respectively up by 11.4% and 30.9%.