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China's air conditioning industry seizes development opportunities, spurs momentum amid pressure
Since the beginning of this year, China's air conditioning (AC) industry has faced various pressures such as sluggish domestic market demand and intensified price competition. But with the trade-in policy coming into effect and optimized market environment, the AC industry is bound to usher in new development opportunities, said Wang Lei, secretary general of China Household Electrical Appliances Association.
September20,2024
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