China
Snowman New Compressor Subsidized
The Development and Reform Commission of Fujian Province has decided to include Snowman’s newly-developed high efficient refrigeration compressor into 2015 subsidy budget of Fujian government. The com...
Refrigerated Car Market Regulated
On October 13, review meeting for the technical regulation on type selection of refrigerated car was held in Beijing, which was organized by the National Technical Committee on Logistics Standardizati...
1,000 Cold Storage Houses Completed in South Xinjiang
In 2015, 1,000 cold storage houses and 3,000 drying chambers were newly built in South Xinjiang, covering 24 counties and 260 villages. Currently, construction of all these projects have been complete...
Gree’s National Key Laboratory Approved
The third batch of the national key laboratories was approved by the Ministry of Science and Technology, including Gree’s national key laboratory for energy-saving air conditioning systems. Gree’s nat...
Changhong Air Conditioner Presents Smart Operation
On November 6, Changhong Group teamed up with Carful, an electrical appliances chain store based in Mianyang, and invited 1,500 customers for a tour to Changhong air conditioner factory. Visitors were...
Huayi Achieves 12.9% Growth in First Three Quarters in 2015
Huayi Compressor, a subsidiary of Changhong Group, released financial statement for the third quarter of 2015 recently, reporting that the net profit of the first three quarters rose 12.9% to RMB 180 ...
DunAn Eyes on Nuclear Power Air Conditioning
China and the United Kingdom will sign a cooperation agreement over Hinkley Point C nuclear power station project with investment close to RMB 250 billion (US$ 39 billion), offering opportunity for Ch...
Skyworth Aims at RMB 10 Billion White Appliance Sales in 202
The Skyworth Group held its 2016 new product release and customer conference in Nanjing, Jiangsu on November 8. High-ranking officials from Skyworth and Toshiba (China) along with nearly 700 distribut...
China’s Top Runner Program Not Subsidize Consumers
The National Development and Reform Commission (NDRC) revealed on its website the implementation measures of the energy efficiency Top Runner Program for air conditioners, flat-panel televisions, and ...
Real Estate Market Declines for 21 Consecutive Months
On October 19, real estate investment data for the first nine months of 2015 was unveiled by the National Bureau of Statistics, which indicated that growth rate in real estate development continued to decline to the lowest level since 2009. According to industry insiders, some growth momentum in real estate sales disappeared this September, and investment in the segment remained gloomy. In ...
