Discussion keeps the world turning.
This is Round Table.
Chinese young people are buying televisions.
Sound a bit wild, right?
But there's more to this than meets the eye.
Come find out with us.
And feeling those Monday blues Not on Motivational Monday, tune in our special segment for a boost that will have you saying Bring it on week.
Coming to you live from Beijing, this is Roundtable.
I'm He Yung.
For today's program, I'm joined by Steve Hatherley and Yu Shan in the studio.
First, on today's show, with all the cord cutting and streaming options available, you'd think the humble television set should be on its way out, right?
But recent data tells a different story.
In China, while TV sales volumes slightly dropped in 2024, revenue soared by 8%.
MeanWh projectors are seeing a decline across the board.
So tell us what kind of televisions are selling like hotcakes these days?
Yes, Heyang.
Latest data from Technological Industry Research Institute run to show that the retail sales revenues of televisions rose by 8% year on year to reach 24.8 billion yuan or US$3.5 billion.
And what's more, previous statistics from Chinese news outlets once showed that the average scre screen size of television rose gradually from 44.4 inches in 2015 to 54.4 inches in 2021 in China.
But guess what?
Nowadays big sized televisions saw significantly an increase in sales as some data from rental also revealed that 75 inch TVs have replaced 64 inch TVs to be the TV screen size with the highest retail sales volume volume of 20.8% in the third quarter of 2024.