Exports of home appliances from China in H1 2020

Covid-19 battered the global economy and drove it into a downturn in the first half of 2020. Amid the broad sluggishness, exports of home appliances from China also suffered a blow given the stock market fluctuations, shrinking supply and demand, stagnating global trade, escalating geopolitical...

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Retail sales value of home appliances down by 14.13% in H1

China’s home appliance industry saw retail sales value down by 14.13% on a yearly basis to reach 369 billion Yuan for the first half of 2020, according to a half-year industry report released by CCID Group (China Center for Information Industry Development under the Ministry of Industry and...

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Outputs of refrigerators, washing machines and air conditioners grow in June

The combined output of refrigerators stood at 37.593 million units from January to June 2020, down by 6.9% year-on-year; room air conditioners 104.149 million units, down by 16.4% year-on-year; washing machines 32.602 million units, down by 7.2% year-on-year, according to the half-year performance...

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Exported refrigerators and freezers to the US surged in the first five months of 2020

Amid the broad sluggishness of home appliance industry in 2020, the performance of refrigerators and freezers has been eye-catching, particularly at overseas markets. From January to May 2020, exports of refrigerators and freezers from China rose by 3.2% year-on-year, of which exports to America...

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Data | Exports and imports of China rallied with positive growth in June

For the first half of 2020, China’s total exports and imports stood at 14.24 trillion Yuan, down by 3.2% year-on-year, a decline narrowed by 1.7% compared to the figure for the first five months, according to General Administration of Customs. The export value for H1 came to 7.71 trillion Yuan,...

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