China Becomes Major Producer of Home Appliances

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Last updated at: (Beijing Time) Wednesday, December 26, 2001

China Becomes Major Producer of Home Appliances

China has become a major producer of home appliances in the world, according to officials with China Federation of Light Industries (CFLI).

In the January-October period, the Chinese appliances producers scored a combined sales revenue of RMB151.5 billion yuan (US$18.3 billion), and a combined profit of RMB 5.9 billion yuan (US$711 million).

China has become a major producer of home appliances in the world, according to officials with China Federation of Light Industries (CFLI).

Chinese manufacturers provide a huge number of appliances of high quality to the world market, said Chen Shineng, president of the CFLI, at a conference of the federation.

China has an annual output of 14 million refrigerators, 14 million washing machines and 20 million air conditioners, accounting for 20 percent, 21 percent and 50 percent respectively of the world total, Chen said.

In the January-October period, the Chinese appliances producers scored a combined sales revenue of RMB151.5 billion yuan (US$18.3 billion), and a combined profit of RMB 5.9 billion yuan (US$711 million).

In the same period, the manufacturers exported 3.369 billion U. S. dollars worth of products, according to CFLI sources.

Forecast of 2001 Home Appliances Product Mix

China Home Appliances Trade Association conveys a forecast that product mix of the industry will experience some change this year. To be specific, communicative products, computers, DVD players, combined acoustic ordinances, air conditioners, electric water heaters, microwave ovens, environment-friendly home appliances, purely flat color TV sets and new small appliances will take an increased ratio while traditionally bigger ones will suffer from a sale slump. On the other hand, VCD players, TV sets of below 25 inches, refrigerators of below 180 liters, double-drum washing machines, ordinary microwave ovens and others at comparatively lower prices will be switched to rural markets. full text

Please click here to visit China Export Home Appliance Site

China Federation of Light Industries

The China Federation of Light Industries was officially inaugurated on February 28, 2001, following the abolition of the former State Bureau of Light Industries.

President of the Federation Chen Shineng urged his staff, most of whom come from the former bureau, to change their perception from industrial administration to solid services for the enterprises in the industry.

The federation currently has 44 industrial associations and 11 specialized societies as members.

Its major duties will include market survey and research for government policymakers; collecting, analyzing and publishing industrial information; participating in the drafting of industrial blueprints and standards; and promoting self-discipline among enterprises

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