Over 50 million home appliances sold to countryside in 2011

10:56, July 06, 2011      

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Under a policy to promote the sales of appliances in rural areas, nearly 51 million home appliances were sold in the first half of 2011, with total trade volume amounting to nearly 124.6 billion yuan, according to news from the Ministry of Commerce.

The number sold and the total trade volume saw year-on-year increases of 56.7 percent and 83.7 percent, respectively.

By the end of June, trade volume favored by such policy had reached approximately 366 billion yuan, with 42.5 yuan subsidies distributed.

In June, there were a total of 570,800 home appliances sold in rural areas. Sales volumes in Shandong, Henan and two other provinces exceeded one billion yuan, accounting for 41.8 percent of the total sale. Refrigerators, televisions and air conditioners were the most demanded in terms of categories.

By People's Daily Online
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