China
RAC Sales Grow by 5.2% in First Half of 2013
According to the latest data from the Ministry of Industry and Information Technology, sales revenue of room air conditioners (RACs) in China has achieved RMB 232.9 billion from January to June, 2013, a 9.1% year-on-year growth. Total profits amounted to RMB 13.7 billion, a 12% year-on-year growth. For the first half of the year, both of the production volume and domestic sales volume of th...
VRF Sales Increase by 11.5% in June
Sales value of VRF has reached RMB 2.5 billion in June, an 11.5% year-on-year growth. VRF has become the commercial air conditioning product with highest sales value in the first half of the year, enj...
Danfoss Scroll Technology Receives Attention at Symposium in
During the 11th Cross-strait HVAC&R Technology Symposium held at Dalian University of Technology, at the end of August, the new scroll technology by Danfoss received attention for the higher energ...
Upgrade of Motors Boosts Energy-saving Industry
The Ministry of Industry and Information Technology (MIIT) and the General Administration of Quality Supervision jointly released the ‘Notice on Implementing the Motor Efficiency Improvement Program (2013-2015)’recently. MIIT said that promoting high efficiency motors is one of the key tasks of the energy-saving and environmental protection industry. To attract private investment to the energy-sav...
HCFCs Quota System Announced
On August 7, the Ministry of Environmental Protection announced the notice of the management for the production and use of HCFCs products, marking that China has embarked on reducing the HCFCs to fulfill its commitment to the Montreal Protocol. According to the notice, quota system will be adopted for the production and use of HCFC refrigerants. Manufacturer’s production volume will include...
Raw Material Price Drops Profit Home Appliance Industry
With sluggish demands both in domestic and overseas markets, the price drop of raw materials has created more profits for household electrical appliances manufacturers, and also played important role in easing pressures of the upstream parts suppliers. Some major parts suppliers such as Sanhua, Highly, Huayi, Welling and Dunan have consumed a large volume of copper, steel, rare-earth and refrigera...
Shanghai Government Honors Honeywell’s Yap Neng Pin with Cit
On September 17, Yap Neng Pin, vice president of Human Resources in Asia Pacific, was presented with the 2013 Silver Magnolia Award by the Shanghai Municipal Government for his extraordinary contribut...
Rising Temperature Stimulates AC Market
Continuous high temperature spread the whole country this summer. According to market report, the record high temperature in most regions, especially the highly populated regions along the Yangtze Riv...
Sales of GMCC Grows 40% in First Half of 2013
In the first half of 2013, Guangdong Meizhi Compressor (GMCC) achieved sales growth of around 40% over that of the same period last year. GMCC’s global sales revenue reached RMB 8.5 billion (US$ 1.4 b...
New Heat Exchanger Evaluation Methods Approved
At the national standards approval conference which was organized by the energy saving technology and information branch committee of the national energy base and management standardization technology...
Rechi Compressor Sales Set New Record in July
Scorching summer in Taiwan triggered hot sales of air conditioners, and compressor brands including Teco, Sampo, Sanyo, Tatung, Hitachi, Samsung and Daikin have all enjoyed booming sales, with their c...
Trane Developing Western China Market
On August 9, 2013, Trane won the bid of Chongqing Zhongyu Metropolis thanks to the outstanding performance of its products in energy saving and stability. Train’s 14 units of centrifugal chillers and ...
