China’s VRF Market Embraces Slight Recovery in May
2020-09-06
According to statistics from ChinaIOL.com, variable refrigerant flow (VRF) system sales showed positive growth for April and May in 2020. In May, VRF sales increased to RMB 5.18 billion (US$ 740 million), with 0.4% year-on-year growth. Domestic sales grew by 1.1% while exports dropped by 8.3%, showing that the domestic market was quite stable while overseas market has been severely impacted by COVID-19.
