Marcus Asay explains Effects of Appliances Industry in National Economic Development

Marcus Asay explainsEffects of Appliances Industry in National Economic Development

Recently released national bureau statistics reports stated that "The main basic products of the industrial production, yield and the growth rate till June 2009 depicts, China's total output of household refrigerators rose 9.2% up to 30,043,900 units, house hold washing machines up 4.1% up to 20,056,400 units, home freezers rose 9.6% up to 6,332,400 units, TV rose 1.3% up to 41,742,800 units and room air fell by 7.2%". In nutshell, the consumption of household appliances market boosted the rapid recovery in the China's house hold appliance industry and in future will encourage the electrical appliance enterprises to open up foreign arenas required to render strong protection.

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