China
BASIC countries reach Kyoto consensus
November 2, 2011 Ministers from Brazil, South Africa, India and China, also known as the BASIC countries, have reached a consensus on a range of climate change issues - including the Second Commitment...
Suning Partners with Mitsubishi for Air Conditioner Marketin
By YIN GUANG Published: October 27, 2011 Suning Partners with Mitsubishi Suning Appliance Co (SHE: 002024), China’s largest chain store by revenue, has signed a deal with Mitsubishi Heavy Industries Ltd to set up a sales company to sell the latter’s household air conditioners and offer aftersales services in China. The joint venture is expected to be responsible for half of Mitsubishi’s air condi...
MHI in ac joint venture with Chinese retailer
Tokyo, October 26, 2011 - Mitsubishi Heavy Industries, Ltd. (MHI) has established MHI Residential Air-Conditioners (Shanghai) Co., Ltd. (MHIRS), a joint venture with Suning Appliance Co., Ltd. in Nanjing, for marketing and after-sale services for residential-use air-conditioners. Suning Appliance is the largest home appliance retail chain in China. The formal signing ceremony between the two paren...
Sustainability study in China and Japan wins CIBSE travel bu
25 - October - 2011 Anderson Barcellos has won the CIBSE Ken Dale Travel Bursary for 2011. Mr Barcellos, a researcher at Reading University, won the bursary for his proposal ’Building for the Future; How China and Japan are implementing energy efficiency into their building industry’. The Ken Dale Travel Bursary makes funds available to CIBSE members in the developmental stage of their careers t...
Air-conditioner sales up 28.64% yr-on-yr
2011-10-24 By Zhou Lei and Chang Li The air-conditioning industry, long living at the mercy of the elements, encountered a lot of awkward situation in the freezing year of 2011 (September 2010 to Augu...
Bosch plans take over of Chinese manufacturer Oak
24 - October - 2011 GERMAN heating products manufacturer Bosch Thermotechnology is to acquire Chinese ventilation/air-conditioning systems manufacturer Oak for an undisclosed sum. ? Oak manufactures and supplies a wide range of hvac equipment, generating sales of €8m last year. In addition to heat pumps, the company also supplies VRF systems, chillers, fan coils, VAV systems and air handling units...
China wind energy development roadmap outlines path for Chin
20 October 2011 The share of wind power in Chinese electricity production could rise to 17% by 2050 from just 1% today according to a report launched in Beijing today. The report was prepared by the ...
Sanyo and Haier Sign Final Appliance Business Transfer Agree
Oct 20, 2011 Sanyo Electric Co., Ltd. and Haier Group signed a final agreement on the transfer of Sanyo’s major appliances business to Haier. Haier will acquire Sanyo’s consumer and commercial washing...
Gree Air Conditioner Exports Up 64.9%
October 19 -- Gree Electric Appliances (000651) recorded a 64.85 percent year-on-year increase in exports to $1.517 billion, reports China Securities Journal, citing Xiao Youyuan, general manager of Gree’s overseas subsidiary. Of the total exports, self-branded products exceeded 2.5 million units, up 50 percent year-on-year. Xiao said the European sovereign debt crisis had affected d...
China to Extend Oil, Gas Resource Tax Nationwide Next Month
Oct 11, 2011 China will extend a value-based tax on sales of oil and natural gas nationwide starting next month to help save energy in the world’s fastest-growing major economy and boost local government revenues to develop inland provinces. The oil and gas tax, ranging from 5 to 10 percent of sales, will be levied on both domestic producers and joint ventures with overseas companies, the Ministr...
