More
Sudden warm weather in May, along with other factors including the implementation of an energy-saving air-conditioning subsidies policy, caused air-conditioning sales to grow ahead of schedule-and online buying of household appliances to become more widespread, according to Frbiz.com, an e-commerce online shop in China.
The first two weeks of air-conditioning sales in May increased as much as 300%, growth of 210% year-over-year. This is the largest increase in sales of household appliances online.
Before this, the Ministry of Finance, National Development and Reform Commission issued a notice that after June 1st, subsidies for energy-saving air conditioning dropped to RMB 250 from the previous RMB 850.
In addition to air conditioning units, sales of large-size, flat-panel TVs have risen since April as well, due to the impact of the World Expo and the upcoming World Cup, the company reported. Frbiz’s statistics show that entering April, the sales of LCD TVs rose 300% year-on-year.
The first two weeks of air-conditioning sales in May increased as much as 300%, growth of 210% year-over-year. This is the largest increase in sales of household appliances online.
Before this, the Ministry of Finance, National Development and Reform Commission issued a notice that after June 1st, subsidies for energy-saving air conditioning dropped to RMB 250 from the previous RMB 850.
In addition to air conditioning units, sales of large-size, flat-panel TVs have risen since April as well, due to the impact of the World Expo and the upcoming World Cup, the company reported. Frbiz’s statistics show that entering April, the sales of LCD TVs rose 300% year-on-year.
With access to over one million professionals and more than 60 industry-specific publications,
