Refrigerator industry bottomed out in the first quarter this year the trend is still uncertain.doc

 PAGE \* MERGEFORMAT 3 Refrigerator industry bottomed out in the first quarter this year the trend is still uncertain The first quarter sales performance bottomed out, whether on behalf of the refrigerator industry in 2013 the overall market recovery? Recently, the focus from the State Information Center, the city appliance market monitoring data show that in 2013 a quarter of major cities in refrigerator sales volume reached 3.42 million units, an increase of 19.41 percent, an increase of 21.92 percent year on year sales, to achieve increase in volume and profits long. However, China Household Electrical Appliances Association president Jiang Feng attended the 2013 China Summit Forum refrigerator industry, pointed out that ‘the full year, the market is still large uncertainties, the refrigerator industry growth can be maintained is not clear.’ Earlier, the ‘China Enterprise News’ reporter in an interview that the home appliance industry began to recover from the end of the first quarter as a whole showed a rebound in growth to varying degrees. However, this does not mean that the home appliance industry in 2013 will usher in a full recovery. Jiang Feng further pointed out that ‘energy subsidies will quit at the end of May or the overall economy and the country to adjust the depth of the new national five policy on real estate and other effects, the refrigerator market in the second half of this year is expected to show a more complex development trend of the Internet, the whole should be held cautiously optimistic. ‘ State Information Center and the National Grid jointly issued the ‘2012-2013 Chinese refrigerator market research report’ also pointed out that in 2013 a quarter of industry to achieve bottomed, product sales increased considerably, industrial decline eased into the refrigerator industry weak recovery phase, but in 2013 the year the situation is still uncertain, refrigerator industry can usher in ‘spring’ remains to be seen. State In