China
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...
Copper Imports Increase by 9.5% in July
Copper imports in China increased by 9.5% month-to-month in July as a result of the low price of raw materials in May. The increase was a record high over the past five months, however, this growing rate has probably dropped in August. The average price for copper in London Metal Exchange (LME) was only slightly higher than US$ 9,000 per metric ton in May and June, less than the high of US$...
Tsinghua Tongfang Wins Projects for Cool Storage
Tsinghua Tongfang has signed projects with Shenzhen Binhai Hospital and China Guangdong Nuclear Power (CGNP) Plaza for chilled water thermal storage project and ice storage project, respectively. Covering an area of more than 367,000 m2, Shenzhen Binhai Hospital plans to become a first-class hospital. The CGNP Plaza extends an area of 158,000 m2. As the new headquarters building for the Guangdong ...
Retail AC Price Sees 15% Increase in Tianjin
On September 10, the first day of the Chinese mid-autumn festival vacation, the new 2012 refrigeration year (RY 2012, from September 2011 to August 2012) has welcomed the first sales peak. The lowest ...
China Releases National Energy-saving Standard for Central A
According to China’s National Standardization Committee, the country’s national energy-saving standard for central air conditioners was approved and will become effective on November 1, 2011. ‘...
Haier Freezers Well Received at IFA 2011
IFA, the Berlin consumer electronics expo, represents the latest trend in the consumer electronics industry. Haier launched its freezer during the show. With its low power consumption of 0.25 kWh per ...
Excessive AC Inventory in RY2011
According to market statistics, the sales volume of inverter air conditioners exceeded that of fixed-speed air conditioners for the first time in May 2011. The market of both wall-mounted and floor-standing inverter air conditioners expanded significantly. Although the air conditioner market appeared quite optimistic in the 2011 refrigeration year (RY2011), the problem of excessive inventor...
China’s AC Indus try White Paper Released
On August 30, the Information Resource Development Department of the State Information Center held the 8th Annual Summit on China Air Conditioning Industry at the Beijing News Plaza Hotel. The 2011 Wh...
Shanghai to Eliminate HCFC to Enhance ODS Management
Shanghai held the fourth working conference on the Ozone Depleting Substances (ODS) elimination capacity building. According to the conference, Shanghai plans to freeze the production and consumption ...
Refrigerant Price Falls as Low Season Begins
Since July 2011, refrigerant sales have entered the low season and prices have fallen drastically. The price of R22 has fallen from the high of RMB 25,000 per metric ton (about US$ 3,900) to RMB 16,00...
