[Report Name] China's 玩真钱的炸金花 Appliance Market Report for the First Half of 2019
[Issuing Organization] China Electronics and Information Industry Development Institute
[Expression] Text analysis, data comparison, statistical chart
[Release time] July 2019
[Release Location] Beijing
[Official Website] nzwxz.com
On July 29, the China Electronics and Information Industry Development Institute released the "Report on China's 玩真钱的炸金花 Appliance Market in the First Half of 2019" (hereinafter referred to as the "Report") in Beijing. The "Report" shows that from January to June 2019, China's home appliance industry operated steadily and made steady progress, with both production and sales higher than the same period last year. Among them, the domestic sales further expanded, and the total retail sales in the domestic market reached 429.7 billion yuan. The "Report" shows that the contribution rate of online channels to home appliance sales has further increased, exceeding 40% for the first time, an increase of 7.5 percentage points over the same period last year. O2O retail giant Suning Tesco ranks second with 22.7% share, ranking second among single-channel retailers in China's home appliance market, with 21.1% share, and Tmall ranked third with 10.1% share. An Hui, deputy chief engineer of China Electronics and Information Industry Development Research Institute, said that driven by two factors, consumer upgrade and consumer sink, the home appliance market in the first half of 2019 showed strong market resilience.