Market Report, "Air Treatment Products in China", Published
Air conditioners, the biggest contributor to sales of air treatment products, suffered from a big decline in volume growth to 6% from 24% in 2011, reaching 60 million units by the end of 2012. Fading effects of the government’s supportive policies was the key factor dragging down the growth rate. Because under the Rural Household Appliances Subsidy Programme and the Household Appliance Trade-In Subsidy Programme, demand from both rural and urban markets was largely overdrawn, this directly...
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