China reports double-digit growth in home appliances output in Jan-Nov 2023
Home appliances output in China saw double-digit growth in the first 11 months of 2023, official data has shown.
Among them, the output of refrigerators reached 88.15 million units, up 14.5 percent year on year; the output of air conditioners reached 223.34 million units, up 12.6 percent; while the output of washing machines stood at 95.36 million units, up 20 percent, according to data released by the National Bureau of Statistics.
In addition, the data showed furniture enterprises above the designated size saw revenues reach 579.66 billion yuan ($82 billion ) during the same period, down 5.5 percent year-on-year; their profits totaled 30.15 billion yuan, also down 6.3 percent.