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Chinese Technology Consumer Electronics market decreased 2.4% of  year-on-year growth.

Results for GfK TEMAX® China for the third quarter of 2018

In the third quarter of 2018, the total value ofChina's technology consumer electronics market was 400.4billion, decreased 2.4% year-on-year. The SDA market and IT market achieved double-digit year-on-year growth with 23.7% and 14.2% respectively, and the OE market achieved a year-on-year growth of 0.9%. The market for communication products decreased by 6.4% year-on-year, and the PHOTO market decreased by 5.7% year-on-year, and the market for MDA and CE market decreased by 0.5% and 9.3% respectively.

Table summary

China Q3 2018
Q4 2017 M. CNY Q1 2018 M. CNY Q2 2018 M. CNY Q3 2018 M. CNY Q3 2018 / Q3 2017 / +/- % Q1-Q3 2018 M. CNY Q1-Q3 2018 / Q1-Q3 2017 +/- %
Consumer Electronics (CE) 45,844 36,200 32,880 31,402 -9.3% 100,483 -5.2%
Photography (PH) 4,839 4,062 4,676 4,069 -5.7% 12,807 -2.2%
Major Domestic Appliances (MDA) 72,879 57,877 64,485 62,014 -0.5% 184,376 2.9%
Small Domestic Appliances (SDA) 20,694 17,293 17,112 16,282 23.7% 50,687 21.3%
Information Technology (IT) 51,489 48,704 48,178 52,301 14.2% 149,183 7.9%
Telecommunications (TC) 276,441 256,241 256,435 232,228 -6.4% 744,904 2.6%
Office Equipment & Consumables (OE) 1,973 1,864 2,479 2,107 0.9% 6,450 5.6%
GfK TEMAX ® China 474,158 422,242 426,245 400,402 -2.4% 1,248,889 3.2%

Economic data 2017

China
  • 6.9
    GDP growth in %
  • 8,640
    GDP per capita in USD
  • 4.7
    Unemployment rate in %
  • 1.6
    Inflation rate, avg. consumer prices in %
  • 448,940,838
    Number of households
  • N/A
    Purchasing power per household in EUR
Data for GDP, unemployment and inflation rate by World Bank, IMF, ILO, National statistics portals; Data for number of households and purchasing power by GfK GeoMarketing; Updated: 5 May 2018
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