Tuesday, December 7, 2010

Home appliance trade-in merchant policy cancellation or surplus of explosive

Recently, the Department of Commerce official site revealed the latest appliances and car trade-in data, as of November 4, home appliance trade-in policy driven new appliances sales 2672 million units, sales exceeded 100 billion.

While the car trade-in in first 10 months of the national total for vehicle trade-in allowance vehicle near 28.4 million, granted subsidies Fund $ 4 billion, stimulating new car consumption 326 billion.

Home appliance sales break 100 billion

"Household appliances trade-in policy now getting better, including breaking capacity is insufficient and fraud issues such as supplementation have been effectively addressed," yesterday, suning appliance Center President Gu in Guangzhou to Wai on reporter to reveal.

The GOME data it displays, in Guangzhou GOME sales, home appliance trade-in occupies 30% of overall sales.

Department of Commerce, electronics trade-in policy since June 2009, have achieved remarkable results.

As of November 4, home appliance trade-in sales exceeded 100 billion.

Car allowance for 7.5 times last year

Vehicle trade-in, 2010-1 ~ 10 month, the national total for vehicle trade-in allowance vehicle near 28.4 million, granted subsidies Fund $ 4 billion, stimulating new car consumption 326 billion monthly receiving subsidies vehicles about 2009 monthly subsidy 7.5 times number of vehicles.

Some experts on such a beautiful transcripts expressed concern.

"As the financial crisis by supporting industry boom indicator is the industry's incentives, once canceled, domestic production enterprises large capacity how many enterprises still plagued by releasing" Palle consulting Senior Director Kim believes the team is to stimulate policy is not a long-term solution, the enterprise should also aim at greater international market, "go out, look out," fostering the enterprise's core competitiveness.

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