China to consume 25% of global electronic products in the next two years

Chinanews, Beijing, Jul. 19 – According to statistics from McKinsey & Company, the China’s electronic market is increasing by 12% annually, and the market volume in 2010 will reach 125 billion yuan. According to Consumer Electronics Association, China will consume 25% of global electronic products in the next two years.
Currently more than 60% of white goods that comprise major household appliances like air conditioner and dishwasher are made in China, and experts hope Chinese producers can make more white goods on their own and increase the export of these goods.