Its sales of water purifiers in 2017 totaled 31.3 million yuan ($5.06 million), up 64.8 percent from a year earlier, according to the company's annual report.
Amway has also announced its foray into the Chinese clean water market, introducing a 6,000-yuan water purifier.
According to the China Water Purification Association, there are more than 3,000 companies engaged in the sector. The retail prices of water purifiers in Beijing range from a few hundred to a few thousand yuan.
No brand has a majority market share. Moreover, there is no single set of standards for these devices, which carry certifications in China, the US, Japan and other countries.
Questions:
1. How many companies are in the water purifier business?
2. Who are some of the players?
3. What is the retail price of a water purifier?
Answers:
1. More than 3,000.
2. UK-based Unilever, Beijing Origin Water Technology Co and US-based Amway.
3. It ranges from a few hundred to a few thousand yuan in Beijing.
About the broadcaster:
Nelly Min is an editor at China Daily with more than 10 years of experience as a newspaper editor and photographer. She has worked at major newspapers in the U.S., including the Los Angeles Times and the Detroit Free Press. She is also fluent in Korean.
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