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SARS and This Year’s AC Industry in China
SARS (Severe Acute Respiratory Syndrome) issue is beginning to affect not only Chinese economy but also world economy. In addition to the air service, tourist and distribution businesses, the AC industry is somewhat showing an opaque outlook this year.Impact on Chinese economy as a whole According t...
AUCMA Academy of Commerce Founded
AUCMA Group has founded “AUCMA Academy of Commerce” jointly with Shangdong University of Science and Technology. By utilizing this Academy of Commerce as a center for RD and personnel training, AUCMA intends to commercialize the results of RD at universities. Mr. Lu Qunsheng, CEO of AUCMA, seems to ...
Shanghai Hitachi Succeeds at CR 2003 in Beijing
Shanghai Hitachi Electrical Appliances Co., Ltd. (SHEC), a major maker of compressors for ACs in China, enjoyed a big success at China Refrigeration 2003 held in Beijing from April 9 to 11 by means of extensive publicity offensive.Situated near the entrance of main hall, SHEC booth stood out with ve...
Haier Ranks World’s No. 5 Electric Appliances Manufacturer
As a highly reliable Chinese manufacturer whose brand is thought to be “most dependable among Chinese home appliances manufacturers”, Haier is very popular in China, as a Japanese trade journal reported recently.Celebrating the 18th anniversary of foundation in 2002, China’s largest home appliances ...
Shanghai Reports Dramatic Surge in Foreign Trade
Shanghai did 14.01 billion US dollars worth of foreign trade in the first month of the year, up 47.3 percent from the same period last year.Sources from Shanghai Customs said Shanghai imported 6.33 billion US dollars worth of commodities in January, up 67.9 percent, but exported 7.68 billion US doll...
Shanghai Hitachi Compressors Get TüV and CCEE Certification
With the joint effort of Compressor Development, Quality Control and Business Engineering Department, many compressor models of Shanghai Hitachi Electrical Appliances Co. have recently got CCEE (national) and TüV (by Germany Rhine Company) certification, of which the latter one is the passport for e...
Kelon Takes Offensives in AC Market with Secret Weapon
Kelon ACs were found to have leading share in Chinese AC market, as a result of survey of 103 major AC sellers in 22 provinces and cities. This survey is included in the “Research Report on China’s AC Sales in 2002” which was announced jointly by the Marketing Research Center which is directly attac...
Hisense-Hitachi Factory Holds Cornerstone Laying Ceremony
Hisense Hitachi Air Conditioning Systems Co., Ltd., a J.V. between Hisense and Hitachi, held January 18 a cornerstone laying ceremony of its new factory within Hisense IT Industrial Park. The company intends to put the production line to operation in July this year.Hisense and Hitachi announced last...
Haier-N. Y. Life Insurance Co. Put into Operation in Shanghai
The Sino-American joint venture Haier-New York Life was unveiled in Grand Hyatt (Shanghai) by Haier CEO Zhang Ruimin and Mr. Gary Benanav, chairman and CEO of New York Life International, according to China News Service dated December 20, 2002. About 300 participants were officials from Shanghai Mun...
Chigo Acs Exports Grow Sharply - Up 328%
According to the company, Chigo attained great upsurges of air conditioner exports in September and October, 2003, recording a growth rate of 328.33% which ranks No. 2 in AC exports in China.The exports of Chigo products in September and October achieved tangible growth, with a total amount of 25,70...
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