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Article: CHINA WASHING MACHINE MARKET IS EXPECTING UPLIFT
- Article from:
- AsiaInfo Services
- Article date:
- November 15, 2001
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AsiaInfo Services
11-15-2001
China Washing Machine Market is Expecting Uplift
CHINA, Nov 15, 2001 (AsiaPort via COMTEX) -- Currently, the annual product capacity of Chinese washing machine manufacturers has already reached 25 million sets, which is much higher up to the annual demand 13 million sets. Due to the product capacity surpassed the market demand, and many foreign washing machine manufacturers participated the domestic market competition, which aroused a even more serious demand and supply contradiction in Chinese washing machine market.
Currently, the mainstream type of washing machine used in Chinese families is the conventional household wheel washing machine, in which the ...