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3 | REGIONAL: 3 |1 CHINA
2017/09/21
Reported by Professor Zhou Zicheng, HVAC&R advisor
 
As the consumption level in China continues to rise, the demand for nutritious, safe, and fresh food has significantly increased. As the central government attaches great importance to cold-chain development in the 13th Five-year Plan started in 2016, local governments have launched a series of policies and funding support which are strongly driving rapid expansion of the Chinese refrigeration market.
 
Compared with 2015, China’s cold chain market grew by over 20% in 2016. The year-on-year growth rates of its subsectors are 8.2% for cold storage, 7.9% for refrigerated transport, 1.6% for refrigerators, 12.3% for freezers, 3.4% for ice makers, and 21.9% for ice cream machines.
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