Appliance industry profits fall back high

The China Household Electrical Appliance Industry Climate Index for the first quarter of 2014, co-edited by the Economic Daily News Center's Industrial Climate Index Research Center and the National Bureau of Statistics' China Economic Prosperity Monitoring Center, was released on April 25.

The index shows that in the first quarter of 2014, the economy index of the China Household Appliance Industry was 96.8 points, which was in line with the fourth quarter of last year. Market monitoring data show that in the first quarter, the domestic appliance industry was not booming, profits fell at a high level, and sales of some product categories declined.