China's light industry value added up 7.2% year-on-year in Jan-Feb: Chinese report

According to the latest data from the China Light Industry Federation, in January and February of this year, the added value of light industries above a certain scale increased by 7.2% compared to the same period last year. Operating income increased by 4.4% to 3.4 trillion yen.
Of the 91 major light industrial products monitored by the National Bureau of Statistics, production of 48 products increased, including electric vehicles (EVs), washing machines, and refrigeration.
Due to the effects of the consumption promotion policy, retail sales of 11 types of light industry products during the same period increased by 8.1% to over 1.4 trillion yen (about 29 trillion yen).
Of these, retail sales of home appliances and video equipment increased by 10.9%. Smart home appliances in particular saw relatively high growth, with consumption increasing significantly.