With the gradual recovery of the global economy, China's home appliance exports continue to maintain strong growth. According to the latest data from the General Administration of Customs, China exported 353.04 million household appliances in September 2023, a year-on-year increase of 23.6%, setting a record high. Cumulative exports from January to September were 2,751.78 million units, a year-on-year increase of 7.0%.

Among them, 2.29 million air conditioners were exported in September, a year-on-year increase of 21.1%; the cumulative exports were 39.7 million units, a year-on-year increase of 1.7%. In addition, 6.09 million refrigerators were exported in September, a year-on-year increase of 55.8%; the cumulative exports were 49.87 million units, a year-on-year increase of 12.5%. The export of washing machines and LCD TVs also showed strong growth momentum. In September, 2.8 million washing machines were exported, a year-on-year increase of 50.2%; the cumulative exports were 21.11 million units, a year-on-year increase of 40.8%. In September, 9.88 million LCD TV sets were exported, a year-on-year increase of 12.2%; the cumulative exports were 75.2 million units, a year-on-year increase of 8.5%.

Analysts believe that there are two main reasons for the continued growth of China's home appliance exports. First, the global economic recovery has provided a broader market space for China's home appliance exports. Secondly, China's household appliance industry has continued to upgrade and innovate, and its product quality and competitiveness have continued to improve.

It is worth mentioning that the strong growth of China's home appliance exports also reflects the strength and international competitiveness of China's manufacturing industry. With the transformation and upgrading of China's manufacturing industry, China's household appliance industry is facing new opportunities and challenges. Against this background, Chinese home appliance companies need to further strengthen technological innovation and brand building to enhance product added value and market competitiveness.

Looking into the future, China's home appliance exports are expected to continue to maintain a growth trend. On the one hand, the global economy will continue to recover, providing more opportunities for China's home appliance exports. On the other hand, China's household appliance industry will continue to promote innovation, transformation and upgrading to improve product quality and competitiveness. At the same time, the Chinese government will continue to increase its support to promote high-quality development of the manufacturing industry and provide more guarantee and support for China's home appliance exports.

In short, the continued growth of China's home appliance exports is due to the recovery of the global economy and the improvement of China's manufacturing industry. Against this background, Chinese home appliance companies need to seize opportunities, strengthen technological innovation and brand building, and enhance product added value and market competitiveness. At the same time, the government and all sectors of society should also give more support and attention to provide a strong guarantee for the sustainable development of China's household appliance industry.

Content source: AI Assistant, Home Appliance Circle Network