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Subsidy program ups China's rural home appliance sales

Sunday, Apr 29, 2012 11:38AM / Standard Entry / Members only

BEIJING often China's Ministry of Deal said Tuesday that kitchen gadget sales under the country's rural subsidy program rose up 19. 1 percent year-on-year to pick 18. 2 billion yuan never ever February.
During the time scale, 6. 97 million units of subsidized gizmos were sold to out of the way consumers, up 6. 4 percent from the year before, the MOC said in a statement on its website name.
The statistics excluded the provinces of Shandong, Henan and there's a Sichuan, and the northern coastal city of Qingdao, where the subsidies ended yesteryear.
Sales in t Monster Beatsheir provinces of Anhui, Hebei and Jiangsu ranked the top three, taking up one-third the particular total.
Major kitchen gadget makers Haier Group, Hisense Group and Midea Group led the expansion, realizing sales of 2. 5 thousand yuan, 1. 63 thousand yuan and 1. 3 thousand yuan, respectively, and taking 30 percent of the total sales.
Under a subsidy prBeats By Dr Dreogram, farmers may receive subsidies the same as 13 percent of the price of designated types of refrigerators, televisions, washing machines, computer systems, air conditioners, mobile mobile phone devices, water heaters, microwave stoves and traditional ovens.
China first introduced the diet plan in Shandong, Henan, Sichuan and Qingdao keep away from 2007 on a the courtroom basis, and expanded them how to the whole nation within February 2009, with an try to spur rural consumption amid the global economic slowdown.
The program had2012 Monster Beats expired on the four trial areas afre the wedding of November 2011, as well as expiration date for other locations is scheduled for time of November this year.
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