Air Conditioner Factories Reduce Production Amid Weakening Domestic Demand and Adverse Weather
According to ChinaIOL, in August, air conditioner assembly and upstream compressor factories took turns shutting down for equipment maintenance, with production undergoing planned reductions to varying degrees. On the sales side, although orders in some export market regions were growing, the domestic sales market saw summer come to an end, accompanied by adverse weather such as typhoons and rainfall in east China and south China, weakening end-use demand. Combined with destocking pressure, factory shipments declined significantly.