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English>>China Business

China's home appliance sales pick up

(Xinhua)

08:44, November 19, 2012

BEIJING, Nov. 18 (Xinhua) -- Buoyed by government subsidies on energy-saving products and favorable policies for rural consumers, China saw home appliance sales pick up in September after a months-long slump, according to the latest data.

Sales of washing machines, air conditioners and refrigerators increased by 6.5 percent, 0.5 percent and 22 percent, respectively, year on year in September, according to data from the research center of Shanghai Securities News.

A total of 5.6 million units of washing machines were sold in September, marking a seven-year high over the corresponding period and bringing total sales in the January-September period to 41.14 million units, data show.

Meanwhile, domestic consumers purchased 3.65 million units of washing machines, representing a 1.4-percent increase year on year, while exports expanded 18 percent to 1.98 million units, according to the data.


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