Europe''s Heat Wave Lifts Chinese Air Con Sales
Europe''s heat wave has opened a sales window for Chinese manufacturers, Wang Hongji, head of China home appliance research at
Data from the China Household Electrical Appliances Association show that the country's air conditioner exports to the European Union and the UK reached $1.39 billion from January to May, up 20.25 percent year-on-year, while export volume rose 20.14 percent year-on-year to 7.97 million units.
China's exports of air conditioners are seeing robust growth as unprecedented heatwaves sweep across Europe this summer, leading to surging demand for cooling appliances in the continent and prompting domestic household appliance manufacturers to make their products more intelligent and energy-efficient.
Industry experts said the overall penetration rate of air conditioners in European countries is much lower than that of other major economies worldwide. About 20 percent of households in Europe are equipped with cooling equipment, with the figure standing at just 5 percent in the United Kingdom and 3 percent in Germany, respectively.
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