According to the China Household Electrical Appliances Association, the Chinese household appliance industry has achieved great success in 2024, with revenue and profits maintaining growth. According to data from the National Bureau of Statistics, the cumulative main business revenue of China's home appliance industry reached 1.95 trillion yuan in 2024, close to the 2 trillion yuan mark, a year-on-year increase of 5.6%, and the total profit reached 173.7 billion yuan, a year-on-year increase of 11.4%. Supported by national policies and the sustained recovery of the international market, both the domestic and export markets for household appliances have maintained growth. According to data from the National Bureau of Statistics, in 2024, the retail sales of household appliances and audio-visual equipment by units above designated size exceeded one trillion yuan, an increase of 12.3% compared to the previous year. This data exceeds the peak of 945.4 billion yuan in 2017 and sets a new historical high. In 2024, there will be strong demand in overseas markets, and Chinese home appliance companies will seize the opportunity to achieve significant export growth, with the overall scale once again exceeding 100 billion US dollars. According to customs data, the export value of household appliances in China reached 112.4 billion US dollars in 2024, a year-on-year increase of 14%, setting a new historical high. (New Society)