On-line Channel Accounts for 41.2% of Home Electronics Sales in 2019
2020-04-28
According to the 2019 China Home Electronics Market Report released by China Center for Information Industry Development (CCID), retail sales of home electronics in China recorded RMB 891 billion (US$ 125 billion) in 2019, a 3.8% decrease year on year, which was the first drop since 2012, impacted by a stagnant real estate industry and a fierce price war.
