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China Household Appliance Industry Development Trend Analysis in Sep, 2013

The GDP growth of the third quarter in 2013 reaches 7.8%, which experiences a slight increase compared with the last quarter. From the perspective of structure, three major industries rally at the same time. The accumulated growth of primary industry, secondary industry and tertiary industry reaches 3.4%, 7.8% and 8.4% respectively, which increases 0.4%, 0.2% and 0.1% compared with the second quarter. It changes the pattern that only the tertiary industry rallies in the first quarter and second quarter. The improvement of demand in the third quarter drives the short-term improvement of part heavy chemical industry in the secondary industry.

 

Export, consumption and investment of three major demands have been improved in the third quarter, while the economic improvement in the third quarter is really supported by the improvement of demand.

 

Gross Domestic Product and Quarterly Growth