Guangdong is the top region by sales revenue of new products in China. As of 2021, sales revenue of new products in Guangdong was 496 million 10,000 yuan that accounts for 16.81% of China's sales revenue of new products. The top 5 regions (others are Jiangsu, Zhejiang, Shandong, and Anhui) account for 58.14% of it. China's total sales revenue of new products was estimated at 2,955 million 10,000 yuan 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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