China, February 15, 2012
China’s Technical Consumer Goods market (TCG) reached CNY 251.21 billion in the fourth quarter of 2011, increasing 19% compared to the same quarter in 2010. Sectors tracked by GfK TEMAX® China attained mixed growth. The Telecommunication (Telco) sector remained the market leader in terms of growth with 38%. The Small Domestic Appliance (SDA) sector was second with a value growth of 29.7% and the Major Domestic Appliance (MDA) sector followed with growth of 22.7%. The Information Technology (IT) and the Office Equipment (OE) sectors grew by 14.9% and 9.6%respectively. The Consumer Electronics (CE) and Photo sectors showed 1.6% and 4% year-on-year decreases.