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2013.11.25

Haier Smart AC Capable of Detecting PM2.5

Haier new smart air conditioner launching ceremony was held in Beijing on October 18. Haier smart air conditioner can automatically control indoor air quality and detect PM2.5 at home. Its automatic v...

2013.11.25

Export of Portable AC Grows by 47.4% in August

Export volume of portable air conditioners came to 97,000 units in August, representing 47.7% year-on-year growth. Export value indicated 14.8% year-on-year growth. As for export destination, Australia, Brazil, Hong Kong, the United States and Italy ranked top five, and Australian and the U.S. markets saw strong export growth in the month. In terms of export enterprises, Midea, Yoau, and TCL Delon...

2013.11.18

Export Volume of Scroll Compressors Grow by 8% in August

Export volume of scroll compressors hit 61,000 units in August, indicating 8% year-on-year growth. Dalian Sanyo maintained leadership on a basis of total export volume, and Emerson saw a sharp growth in export volume in the month. In terms of the cumulative export volume from January to August, Emerson scroll compressors enjoyed the highest year-on-year growth rate of 59%.cialiscialislevitraorder ...

2013.11.18

Gree Plans for Banking Business

In its September 25 bulletin, Gree admitted that it plans to conduct banking business. Its subsidiary Zhuhai Gree Group Finance has contacted with shareholders of Zhuhai Hengqin Village Bank. Up to no...

2013.11.22

Qinghai Stimulates Green Building Development

Qinghai Provincial Bureau of Housing and Urban-Rural Development held conference to promote green building initiative implementation plan and green building evaluation standards. At the conference, two-star green building certificates were presented to six projects approved in the first batch. And RMB 5.57 million worth of provincial bonus was also distributed. Experts from China Academy of Buildi...

2013.11.12

Teco Screw Chillers Win Bid for First Seven-star Hotel

Teco won the bid for Qingdao Lalu Seven-star Hotel, showing another success of its expansion in high-tier hotels. Qingdao Lalu Hotel is the first seven-star hotel to be built in Mainland China which i...

2013.11.18

China Plans to Increase Energy Saving Subsidy

It was expressed by officials from China National Development and Reform Commission (NDRC) on October 10 that the actual progress of the 12th Five-year Plan on energy saving and emission reduction has lagged far behind the target. According to the Plan, 16% of energy consumptions will be reduced per unit GDP in five years, however, only 5.5% were reduced in the first two years, fulfilling 32.7% of...

2013.11.22

Wolong Acquires Midea Motor

According to the Wolong bulletin released on October 15, Midea Group, Midea International, and Hong Kong Wolong Holding Group (wholly owned subsidiary of Wolong Electric Group) signed equity transfer ...

2013.11.25

Sales of TCL Air Conditioners Grows by 30% in January-Septem

TCL Group business forecast for the first three quarters of 2013 and product sales bulletin for September were released on October 10. It is estimated that in the first three quarters, net profits of ...

2013.11.14

Hisense Hitachi Receives Quality Award

Recently, Hisense Hitachi was awarded ‘credible enterprise of product quality and service quality’ during the 2013 China Quality Promotion Campaign.   Since 1990s, China Quality Promotion Campaign has become one of the most influential social activities on quality supervision in China. Receiving the award indicates the affirmation of quality supervision departments on the product and service ...