Monthly color TV production in China 2019-2020

This statistic shows the production of color television sets in China from January 2019 to February 2020. In first two months of 2020, approximately 19.69 million color TV sets had been produced in China.

Consumer electronics industry in China/b>

Due to strong economic growth and a large consumer base, the Chinese market for consumer electronics is growing rapidly. In June 2015, monthly trade revenues of household appliances and consumer electronics in China had amounted to about 75 billion yuan.

The exponentially increasing demand for smartphones is a major driving force of the consumer electronics market growth in China. The number of mobile phone subscribers in China went straight up in recent years, peaking with over 1.29 billion users in March 2015. It is projected that over half of China’s population own a smartphone by 2018. It is worth noting that seven of the ten leading mobile phone providers in China were domestic brands as of the second quarter of 2013. Although Chinese consumers in first-tier cities are more brand-oriented, most consumers in China are very price sensitive in choosing products between different brands.

In terms of retailing channels, Chinese consumers rely heavily on nationwide electronics retailers, such as Suning and Gome. According to a survey in 2011, 61 percent of respondents from China had purchased consumer electronics in a physical store. Nonetheless, a notable trend in favor of online retailing has been seen in recent years. In 2014, the sales value of Jingdong Mall, the biggest online-platform for electronic devices in China, amounted to approximately 37 billion U.S. dollars (about 230 billion yuan), about twice as much as the revenue of Suning the same year.

Monthly color television production in China from May 2019 to May 2020

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Source

Release date

July 2020

Region

China

Survey time period

May 2019 to May 2020

Supplementary notes

* According to the source, January and February data have been investigated and released together in order to curb the impact of the Chinese New Year and enhance the comparability of data.

The figures have been rounded.

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Statistics on "TV technology"

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