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China’s home appliance sector sees output growth in Jan.-Feb.

Abstract : China's home appliance sector posted a rising output in the first two months of the year, data from the Ministry of Industry and Information Technology shows.

BEIJING, March 28 (Xinhua) — China’s home appliance sector posted a rising output in the first two months of the year, data from the Ministry of Industry and Information Technology shows.

In the January-February period, refrigerators and washing machines saw respective outputs of approximately 12.1 million and 13.1 million, surging 83 percent and 68.2 percent year on year.

Air conditioner makers also saw their output soar 70.8 percent year on year to about 29.4 million during the period, the ministry said.

In 2020, the country’s outputs of refrigerators and washing machines hit 90.2 million and 80.4 million, respectively, up 8.4 percent and 3.9 percent from 2019, while the air conditioner output fell 8.3 percent year on year to 210.6 million. Enditem

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Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal. China’s silk road economic belt and the 21st century maritime silk road website, include BRI Policy, BRI Trade, BRI Investment, Belt and Road weekly, Know Belt and Road, and the integrated information services for the Belt and Road Initiative (BRI).

Source: China’s home appliance sector sees output growth in Jan.-Feb.

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