Over Half Of China's Home Appliances Sold Via Online Channels: Report

BEIJING, (UrduPoint / Pakistan Point News - 30th Mar, 2023 ) :China's online retail sales of home appliances accounted for 58.2 percent of the total last year amid the country's e-commerce boom, a report showed.

Total online sales stood at 486.1 billion Yuan (about 70.6 billion U.S. Dollars) in 2022, up 4.24 percent from a year ago, according to a report by the China Center for Information Industry Development under the Ministry of Industry and Information Technology.

For many sub-categories of home appliances, the share of online orders reached a new high last year.

The report also noted that Chinese customers tend to buy home appliances that are high-end, intelligent and eco-friendly, reflecting the trend of consumption upgrades in the country.

As a series of pro-consumption policies take effect, China's consumer market will see a more solid recovery foundation and the home appliance market is set to gradually warm up, according to the report.