China has a large home appliance user base and a huge home appliance market. In China, the design, production and manufacture of household appliances are very mature.

The industry's total profit amounted to 79.9 billion yuan (about 11.3 billion U.S. dollars) during the January-August period, up 14.9 percent year on year, according to the Ministry of Industry and Information Technology.

Revenue came in at 1.05 trillion yuan, up 4.7 percent from the same period last year.

About 57.4 million sets of refrigerators were sold during this period, up 2.8 percent year on year, while sales of air-conditioners and washing machines grew 8 percent and 6.8 percent respectively.

To further boost home appliance consumption, China has introduced incentives to support consumers to replace old home appliances and electronics with greener and smarter alternatives.

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