China
Government Purchased CAC Hit RMB 3.67 Billion
In 2013, there have been nearly 3,000 government purchase projects for air conditioner, with sales value of RMB 4.8 billion and annual growth rate of 17%. Compared with 40% growth rate in 2012, sales growth in 2013 was slowed. In 2013, the government purchase value of commercial air conditioners hit RMB 3.67 billion, accounting for 77% of the whole purchase, showing 14.7% year-on-year growt...
Bureau of Statistics Announces Air Conditioner Export Growth
China Household Electrical Appliances Association recently released the 2013 Review and 2014 Forecast of China’s Household Electrical Appliances Industry. According to the report, China’s household el...
Heat Pump Heating to Receive Subsidy up to 50% in Beijing
Beijing Municipal Commission of Development and Reform teamed up with other departments to announce the exhaust heat heat pump heating projects that aims to reduce coal-fired and oil-fired heating systems and to promote heat pump systems. For deep geothermal heat pump installation as well as replacement of coal-/oil-fired heating systems with heat pumps, subsidy up to 50% of intial cost will be of...
Mitsubishi Electric Launches YLKC mini-VRF
On December 26, 2013, Mitsubishi Electric Air-Conditioning & Visual Information Systems (Shanghai) held a conference for designers in Beijing, with attendance of 150 attendees from renowned design...
Haier Unveils Tianzun Smart AC at CES in U.S.
Haier unveiled the Tianzun smart air conditioner at the 2014 International Consumer Electronics Show (CES) in Las Vegas, the United States. The Tianzun features air conditioning, heating, and air puri...
Chigo Partners with Linuo Ritter
On December 30, 2013, Chigo and Linuo Ritter, an OEM-supplier for different solar thermal applications, signed the strategic partnership agreement at Linuo Ritter’s industrial park in Qingpu, Shanghai...
Rechi’s Jiujiang BLDC Motor Production Base Starts Construct
The ground breaking ceremony of Rechi’s industrial park at Jiujiang Economic and Technology Development Zone was held on January 10, 2014, signifying the formal start of the project. With total...
AC Market Entering Stable Growth Stage--China
Reported by Zhang Yanbin, All View Consulting, China Amid the declining domestic economy, the Chinese air conditioning industry went through a complicated economic environment in 2013. With the...
U.S., China Discuss Ways to Reach ‘Ambitious’ Climate Change
February 18, 2014 Feb. 14 --Top Chinese leaders and U.S. Secretary of State John Kerry discussed potential additional actions both countries could take to address climate change and meaningful targets for emissions reductions ahead of a 2015 international conference in Paris where both nations hope to complete an “ambitious” international agreement on climate change. Kerry, speaking to reporters ...
Haier's Employee Self-Organization Structure Earns Ranking A
Feb 12, 2014 Qingdao, China-based appliance giant Haier was named by Fast Company as one of world’s most innovative companies, and one of China’s ten leading innovative companies. Fast’s 2014 ranking...
Tongfang R32 Air Conditioner Passes National Evaluation
China’s first R32 next-generation refrigerant project, undertaken by Tsinghua Tongfang Artificial Environment and supported by the executive committee of the Multilateral Fund for the Implementation o...
TCL Promoting New RACs
In the 2014 refrigeration year (RY 2014), TCL released three Ream series of new products. The company aims to achieve annual sales growth rate of 22% in 2014, with sales volume breaking 5.5 million un...
