Chinese Air Conditioner Production Volume Grows Slightly in May

According to the China National Bureau of Statistics, room air conditioners (RACs) reached a production volume of 21.829 million units in May, 2022, rising by 0.1% year on year; while the first five months of 2022 saw the cumulative production volume of RACs come to 99.335 million units, falling by 0.8% cumulatively.