NBS: China's output of major white goods rises 2.7% YoY in Jan-Aug

China’s production of four major home appliances including air-conditioners, refrigerators, washing machines and televisions amounted to 474 million units over January-August, up 2.7% on year, Mysteel Global calculated based on the latest data from the National Bureau of Statistics (NBS).

Output of air-conditioners, refrigerators and washing machines all registered on-year growth in the first eight months, with washing machines posting the largest gain at 7.8%. In contrast, television production fell 5.1% on year to 125.82 million units. China's exports of the four major appliances totalled 194.67 million units over the same period, up