China
24 Agreements Signed in ENERCHINA
Twenty four cooperation agreements with total amount of RMB 27.28 billion were signed, during the 8th China (Beijing) International Energy Conservation and Environmental Protection Exhibition (ENERCHI...
MHI Bingshan Refrigeration (Dalan) to Operate in This Year
Dalian Refrigeration announced on June 16 that its currently under construction joint venture company with Mitsubishi Heavy Industries (MHI), MHI Bingshan Refrigeration (Dalian) Co., Ltd., will ...
LG Wins Bid for Hyundai Motor
Recently, LG secured air conditioner purchase project for Hyundai Motor R&D Center (China), offering LG two-stage centrifugal chillers and air handling units. Hyundai Motor R&D Center (...
Central AC Market Possesses Big Potential
China’s central air conditioning market has been growing. The market still possesses huge growth potential driven by following factors. 1. Driven by urbanization: Urbanization brings huge deman...
Hisense ACs Enjoy 28% Growth in January-April
Hisense has been growing fast since the beginning of 2014. Statistics from China Market Monitor reveals that in the first four months of 2014, sales of Hisense air conditioners increased 28% over that...
Secop to Build XV Compressor Production Line in China
Secop plans to build XV compressor production line in its Tianjin factory. President of Secop Group announced at China Refrigeration Exhibition (CRH) 2014 in April that the company has gained d...
Yantai Moon Refrigeration Enjoys Steady Growth
Yantai Moon is a leading manufacturer of refrigeration equipment in Chinese domestic market. Its compound annual growth rate (CAGR) of net profits came to 47.5% for the past five years. Benefitted fro...
Yair Starts Serving Sugon Super Computer System
Yair revealed that its thermal tube composite (TTC) air conditioners have been used in Beijing Sugon’s high performance computer center. The latest research statistics from international Data Corporat...
Qingdao Baolange Launches Inverter Compressor
High efficient inverter refrigerator compressor developed by Qingdao Baolange Refrigeration has passed new product and new technology authentication. The product has achieved breakthrough in performan...
State Council Approves Mid- and Long-term Plan for Logistics
On June 11, the board conference of the State Council has approved the mid- and long-term plan for logistics industry. Logistics industry is integrating transportation, storage, and information, and t...
