ID Number: G00169125



Dataquest Insight: Chinese Government Stimulus Will Drive a 20% Increase in Home Electronics Demand
30 June 2009
 
Oliver Xu  

The Chinese government extended its home appliance subsidy program nationwide in February 2009. Farmers will receive a 13% subsidy for electronic products purchases; this will likely increase sales of household electronics by 20% in China.




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Pages: 8






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Table of Contents


    
 Analysis

    
 45% Month Over Month Growth In the Past Four Months
    
 Individual Vendors Confirm Program's Effectiveness
    
 The Program Will Drive at Least 20% More Sales in Rural Areas
    
 Subsidies Encourage Higher-Value Product Sales
    
 Selected Products Mostly From Local Providers
    
 Growing Farmer Income Promises Long-Term Potential Demand

    
 Background and Context

    
 The Impact

    
 Conclusion


List of Tables


Table 1.  
 Sales Units and Revenue for Subsidized Electronics in China in 2009
 

Table 2.  
 Average Income Levels of Chinese Farmers (2005-2009)
 

Table 3.  
 Timetable of the Program
 

Table 4.  
 The Numbers of Approved Products and Vendors
 



Browse Topics:
 
Consumer Electronics
Government Intervention and Sponsorship in IT Industry




This document is published in the following Dataquest Market Insights:
 
Semiconductor Applications Worldwide




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Resource Id: 1050213