Retail sales of household appliances rose 74.4 per cent year on year in November

Beijing, December 10 (Reporter Wang Guan) The latest value-added tax invoice data released by the State Administration of Taxation shows that: driven by a series of stock and incremental policies, China's economy continues to show a good trend of recovery. In November, manufacturing sales increased 0.3 percentage points from October. Among them, the sales revenue of equipment manufacturing industry such as automobile, electrical machinery and equipment, high-tech manufacturing industry such as electronic communication equipment and aerospace equipment, and digital product manufacturing industry such as digital media equipment and intelligent equipment increased by 5.3%, 5.1% and 3.8%, respectively. In particular, the sales revenue of the automobile manufacturing industry, computer communication equipment manufacturing industry, railway ship aviation equipment manufacturing industry increased by 9.3%, 7.4% and 5.6%, respectively. Driven by the "two new" policy, equipment investment and consumer goods for new continued to increase. In November, the amount of machinery and equipment purchased by enterprises across the country increased by 4.5% year-on-year. In November, the retail sales of household audio-visual equipment such as televisions and household appliances such as refrigerators increased by 28.8% and 74.4% respectively. The retail sales of furniture and sanitary ware related to home improvement increased by 36% and 18.8% respectively.