China's home appliance sector reports steady growth in 2019
Views :309
| Exhibition Info
Exhibition Name: China's home appliance sector reports steady growth in 2019
| Exhibition introduction
Employees work on the washing machine production line of Haier Group in Qingdao, East China's Shandong province, on Feb 27. [Photo by Wang Peike/For China Daily]

China's home appliance industry grew steadily last year, data from the Ministry of Industry and Information Technology (MIIT) showed.

Total revenue of home appliance companies hit 1.6 trillion yuan (about $226 billion) during the period, up 4.3 percent year on year, according to the MIIT.

The sector's profit surged 10.9 percent year-on-year to reach 133.87 billion yuan in 2019, MIIT data showed.

In 2019, China's output of refrigerators, air conditioners and washing machines reported year-on-year growth of 8.1 percent, 6.5 percent and 9.8 percent, respectively.

To further boost home appliance consumption, China has introduced incentives to support consumers to replace old home appliances and electronics with greener and smarter alternatives.

Source: Xinhua
经营许可证编号:粤B2-20210752号丨备案号:粤ICP备09029740号
粤公网安备 44011102001662号
技术支持:广东金蜘蛛电脑网络有限公司
Golden Spider Network Co., Ltd.