China
Chines e Mainstream Brands Implement Price Increases
Recently, Midea and Haier announced their intention to raise prices beginning March 16, with a rising scale from 8 to 10%, triggered due to the increased cost of raw materials. According to AVC, ever since the start of the pandemic, raw materials have seen soaring prices, and high costs have occurred in marine transportation, putting huge cost pressure on household electrical appliances enterpr...
Dr. Lin Lan Appointed Hisense Chairman
On March 12, the board of Hisense Group selected Lin Lan as its chairman. Born in 1958, Dr. Lin Lan obtained his doctoral degree from Tennessee Tech University’s department of mechanical engi...
Trane Taicang Factory Produces Screw Rotors in Batches
On March 21, Trane announced that its independently developed screw rotors are being batch produced at its Taicang Factory, with an estimated annual production capacity of 10,000 units. After batch pr...
Philips Holds AC Production Base Groundbreaking
On March 4, Philips held the groundbreaking ceremony for its air conditioner production and research and development (R&D) base in Chuzhou, Anhui province. This production and R&D base is l...
Hisense Launches Magnetic Bearing Inverter Centrifugal Chill
In 2021, the centrifugal chiller market achieved a 14.4% growth rate; domestic brands have accounted for a 27.9% market share, and continue to increase their percentages. At the same time, China has c...
China Sees GDP Per Capita Break RMB 80,000 in 2021
On February 28, the National Bureau of Statistics released its 2021 Statistical Communiqué on National Economic and Social Development. This document indicated that China’s total economic value, and per capita level, all achieved new breakthroughs. In 2021, China saw its gross domestic product (GDP) grow by 8.1% year on year, and the average growth rate reached 5.1% over two years,...
MHAQ Holds Groundbreaking Ceremony for Phase 3 Project
On March 29, a groundbreaking ceremony for the Mitsubishi Heavy Industries-Haier (Qingdao) Air-Conditioners (MHAQ) (Phase 3) project was held at Mitsubishi Heavy Industry Haier Jimo factory. The proje...
CR 2021 Technical Report – Chillers
Reported by Associate Professor Xu Rongji and Dr. Wang Gang of Beijing University of Civil Engineering and Architecture At China Refrigeration Expo 2021 (CR 2021), Chinese brands displayed types of...
Engineer Talks – Midea V8 Series VRF Empowers Development of
MAY 19, 2022 From the conversation with senior engineers who are responsible for the core development of V8 Series VRF, this article dives into the details of this groundbreaking product, uncovering ...
Gree’s Smart Factory to Start Trial Operation in 2022
At the Gree Electric (Zhuhai Gaolan Harbor) Industry Park, which is located at Pingsha County, Jinwan District, the construction of five buildings has been completed. Phase 1 of this project is expect...
