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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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Table of Contents

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
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




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




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Resource Id: 1050213