China
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...
Haier Obtains UL-CTDP Certificate
Haier Group’s Quality Monitoring Center has just become the first company in China to obtain the UL-CTDP lab certificate issued by Underwriter Laboratories (UL), the world-famous independent product safety certification organization. Eight categories of its products have obtained UL certificates, including refrigerators, washing machines and freezers. Obtaining the UL-CTDP certification sho...
CREQIC Passes Spot Check by CNCA
On August 17 and 18, the Certification and Accreditation Administration (CNCA) performed a spot check on the National Compressor Refrigeration Equipment Quality Inspection Center (CREQIC). After two days of on-site inspection and evaluation, the CNCA concluded that CREQIC meets all the standards necessary for a national quality inspection center set by the General Administration of Quality Supervi...
Solar Photovoltaic Industrial Chain Apparent in China
The solar photovoltaic industry had an output of 8,000 MW in China in 2010, comprising more than half of the total output of the global solar photovoltaic output. The accumulated photovoltaic electricity generation capacity is 860,000 kW, 700,000 kW of which is for the electrical grid and 160,000 kW of which is for off-grid power systems. In 2010, 580,000 kW added to the photovoltaic system, of wh...
Beijing Requiring Solar Energy Household Heaters from 2012
Beijing is taking the lead in China by applying a 75% energy saving standard for residential buildings next year. As a result, newly-built urban buildings and qualified public buildings will be requir...
Hisense Inverter ACs with Air Purifying Function Roll off Pr
Hisense held a new product launching ceremony titled ‘Enjoy a deep breath of the fresh and healthy air’ on September 7, 2011. The company announced that the inverter FPA air conditioners, which come with air purifying functions and were jointly developed with the Chinese Center for Disease Control and Prevention, had entered the market. Experts at the conference were affirmative towards the purify...
New Standards Implemented for Degerming Function of ACs
As early as 2009, China implemented standards on the degerming function for home appliances and appliances with similar use, and early this year, more details were added to the standards. The Standardization Administration of China has released the ‘Special Requirements on the Antisepsis, Degerming and Purifying of Household Electric Appliances and Appliances of Similar Use.’ Meanwhile, the admini...
Shandong to Invest RMB 4 Billion in Energy Management Contra
Over 160 projects were negotiated during the Shandong Energy Management Cooperation and Exchange Conference held in Weifang, the contract value of which is RMB 480 million (about US$ 75 million), and the intended investment totals more than RMB 4 billion (about US$ 626 million). Shangdong Province will predominantly focus on energy-saving technologies and promote energy-saving products through mar...
