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 US$3.369 billion worth of products, according to CFLI sources.
(People's Daily December 26, 2001)
