In 2021, sales revenue of new products for Guizhou was 10.2 million 10,000 yuan. Between 2012 and 2021, sales revenue of new products of Guizhou grew substantially from 3.83 million to 10.2 million 10,000 yuan rising at an increasing annual rate that reached a maximum of 45.81% in 2016 and then decreased to 16.51% in 2021.
The description is composed by our digital data assistant.SalesRevenue of New Products refers to the real sales income of new products of the enterprises at the reference period. The new products refer to brand new products produced with new technology and new design, or product that represent noticeable improvement in terms of structure, material, or production process for improving significantly the character of function of the older versions. The output value and sales income of the new products include those of new products certified by relevant government agencies within the period of certification, as well as new products designed and produced by enterprises within a year without certification by government agencies.
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