China’s air-conditioner makers will benefit from rising sales and higher prices this year, with energy efficient models expected to dominate the market as the country embarks on efforts to cut carbon emissions.
Suning Appliance, which distributes 20% of the country’s air-conditioners, said in a recent report that sales on the Mainland could rebound 10% to 36 million units boosted by the government’s measures to prompt sales of greener models and encourage rural consumption.
Shanghai Daily reported Suning also estimated air-conditioner prices will rise 10% this year after falling 15% on high inventories and shrinking exports in 2009.
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