May 08, 2012
According to new figures from China's Ministry of Commerce, nationwide sales volume (excepting Shandong, Henan, Sichuan, and Qingdao) under the government-backed rural appliance sales program came to 23.34 mln appliances during the four-month period from January to April 2012, resulting in revenues of RMB 61.68 bln, a PoP decline of 16.4% and 6.7%, respectively.
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