China’s electric appliance sector sees RMB 1.48 trillion operating revenue in 2020

Tuesday, 23 February 2021 14:51:22 (GMT+3)   |   Shanghai

According to the data issued by the China Household Electrical Appliances Association (CHEAA), the electric appliance industry in China registered an overall operating revenue of RMB 1.48 trillion ($0.23 trillion) in 2020, down by 1.06 percent year on year.

In the given year, the industry posted an overall export volume worth $83.7 billion, up 18 percent year on year, an all-time historical high, while the year-on-growth was the highest in the past ten years.

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