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Industry

China's home appliance sector reports expansion in Jan.-April

June 15, 2021


Abstract : China's home appliance sector saw steady expansion in the first four months of the year, data from the Ministry of Industry and Information Technology showed.

BEIJING, June 13 (Xinhua) -- China's home appliance sector saw steady expansion in the first four months of the year, data from the Ministry of Industry and Information Technology showed.

During the period, the industry's operating revenue gained 44.8 percent year on year to 521.71 billion yuan (about 81.7 billion U.S. dollars), according to the ministry.

The combined profit of the industry reached 29.96 billion yuan during the period, up 33.9 percent from a year earlier, the ministry said.

In the January-April period, China's outputs of refrigerators and washing machines hit 29.45 million units and 29.17 million units, respectively, both registering an increase of over 40 percent year on year, the data showed. Enditem

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Keyword: MIIT home appliance sector

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