China's consumer electronics sector is showing signs of steady recovery, as major brands roll out new products to drive demand during the autumn shopping season. At the Electronic commercial street of Huaqiangbei in the tech hub Shenzhen, south China's Guangdong Province, foot traffic surged in the afternoon as shoppers browsed everything from power banks to headphones and cameras. Many noted that subsidies and discounts have continued to draw students and overseas buyers alike
"I'm here to buy some power banks and earphones to use in my dormitory. I was told there are student subsidies," said a consumer.
"I want to check on the Fujifilm cameras. I've already got other brands such as Nikon and Sony. [In the first half of the year,] I got myself a sports watch, a camera, and lenses," said another consumer.
Since early September, tech firms including Huawei, Apple, and OPPO have unveiled a series of full-scenario consumer electronics, while others such as OnePlus and Xiaomi are also geared up to release new smartphones. Industry analysts expect many manufacturers to gain 60 to 70 percent of their annual revenue in the second half of the year
According to market research firm data, in the first half of this year, China's Bluetooth headset market recorded shipments of approximately 59.98 million units, a year-on-year increase of 7.5 percent. Sales of consumer-grade smart tablets reached 15.718 million units, up 20.5 percent year over year. The smart glasses market demonstrated even stronger growth momentum, with retail sales across all channels hitting 468,000 units in the first six months, surging nearly 148 percent compared to the same period of last year.
In the domestic smartphone market, shipments totaled 140 million units in the first half of this year, remaining largely the same compared to the same period of last year. Recently, market research firm International Data Corporation (IDC) revised its forecast for global smartphone shipments in 2025 upward to 1.24 billion units, reflecting a 1 percent year-on-year increase, which is higher than the previous growth expectation of 0.6 percent.
"[In the first half of the year] the national subsidy program significantly boosted our sales, by approximately 30 to 40 percent. Every morning, crowds gathered at our store to snatch up discount coupons. It was quite a big scene. We are currently running another promotion, which is tax refunds for overseas visitors. Many international friends, as well as consumers from the Hong Kong Special Administrative Region, the Macao Special Administrative Region and Taiwan region, can purchase products at our store by presenting their valid travel documents," said a shop owner.
New product launches drive sales in Shenzhen's consumer electronics market
