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China's LCD TV market will start to expand from 2007.
Researchers foresee that the Chinese purchasing power of LCD TVs would be sufficient as a result of price declines for LCD TVs along with the rise of consumer incomes.
It's predicted that the average annual income will increase to about 1,600 US dollars all over China by 2007, while the price for a 32-inch LCD TV is expected to decrease to 1,200 US dollars.
Consequently one average Chinese consumer could have sufficient income to purchase one LCD TV per year.
(CRI July 13, 2004)
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