China
Hanbell to Develop Magnetic Bearing Centrifugal Compressor
On March 12, Hanbell and SKF’s agreement for joint development of magnetic bearing centrifugal compressor was signed by Yu Yixuan, chairman of Hanbell, and Chen Ziqian, vice president of SKF China. &n...
Air Conditioner Inventory Exceeds 40 Million Units in 2014
According to the ‘2015 China Air Conditioner Industry White Book’ jointly released by China Market Monitor and air conditioner manufacturers, total inventory in the air conditioner industry in China exceeded 40 million units at the end of 2014. Rapid growth of Chinese air conditioner industry has come to an end and the growth rate for the whole market this year is estimated at 5%. Since the...
Compressor Export to India Faces Intensified Competition
In the period from August 2014 to January 2015, total export volume of compressors from China came to 10.17 million units, showing 14% year-on-year growth. Demands are strong in Thailand, India and Br...
Midea Commercial ACs Granted KNX Certification
The first KNX certification in China was received by Midea commercial air conditioners, unveiling new page for development of Midea smart homes. In May, 1999, BatiBus Club International (BCI), European Installation Bus Association (EIBA), and European Home Systems Association (EHSA) established Konnex Association and proposed the KNX protocol, which is the only global residence and building...
LG Supplies Centrifugal Chillers to China South City Project
LG won the bid to supply its centrifugal chillers to the China South City project. After cooperation for three years with China South City Holdings, LG was selected again as the only strategic partner...
Release of the Environmental Protection and Low-GWP Label of
Foreign Economic Cooperation Office (FECO) of the Ministry of Environmental Protection, China Household Electrical Appliances Association (CHEAA), United Nations Environment Programme (UNEP), United N...
China’s Export Tariff on Rare Earth Expected to be Abolished
A Japanese news com reported that China, the largest rare earth export country in the world, abolished its rare earth export tariff in January this year, following the World Trade Organization’s (WTO’...
HCFC Quota Cut by 10%
The Ministry of Environmental Protection announced that the 2015 annual consumption quota of HCFC allocated to the 82 enterprises that were approved recently was down by 10% over that of last year. &n...
Haier Launches Oil-free Compressor Refrigerator
At 2015 Shanghai Housing and Furnishing Exposition held on March 11, Haier exhibited a Casarte brand high-end refrigerator that applies an oil-free compressor. By utilizing the world’s first oil-free compressor for refrigerators, temperature fluctuation inside of the refrigerator is controlled within ±0.05oC, creating a preservation space with constant temperature. This technology extends lifespan...
Sanhua New Technology Boosts Development
According to the Sanhua’s annual re-port, the company achieved revenue of RMB 5.82 billion (US$ 936 mil-lion) in 2014, showing 10.4% year-on-year growth. Its operating profits came to RMB 590 million ...
China Implement Integrated Solar-energy System
In 2007, the National Development and Reform Commission released the ‘Implementation Plan to Pro - mote Solar-energy Utilization Work in China’. In September 2007, two national standards were released by the National Environmental Protection Bureau, namely the standard for solar system for domestic hot water supply and the standard for solar col-lector. In December, 2012, the ‘Mini-mum Energy Effi...
ATW Sales in 2014 Exceed RMB 10 Billion
Statistics show that the sales revenue of air-to-water (ATW) heat pump water heaters exceeded RMB 10 billion (US$ 1.6 billion) in 2014. From January to June 2014, the sales volume of ATWs accounted for only 0.3% of the total water heater market while its sales revenue accounted for 5%. The reason is that the average retail price of ATWs is RMB 5,485 (US$ 885), a lot higher than the price of other ...
