NOTE: There will be no news updates on June 14 due to China's Dragon Boat Festival.
UTC+8 ( BJT)

China’s white goods output rockets YoY during Jan-Feb


Chinese production of white goods recorded remarkable on-year rises during the first two months of 2021, with that of air-conditioners up 70.8% on year, according to the latest data from China’s Bureau of Statistics (NBS). The impressive increases reflected the sustained robust demand this year, including overseas demand, and the low rates of manufacturing during Q1 last year.
Production of air-conditioners, the largest contributor to the white goods total, reached 29.4 million units over January to February, while output of TVs also moved up 31.4% on year to 25.8 million units during the two months, NBS data showed. The Bureau always combines January-February data to offset the effect


To read the full article take a free 7-day trial to Mysteel Global

+65 6653 8227