China
Grad to Enhance PV Energy Industry
On October 5, Shandong Grad Group photovoltaic (PV) energy industry’s upgrading ceremony was held in its group industrial park. The company’s executives were in attendance. Grad Group e...
Kingair Ganzhou Factory Holds Groundbreaking Event
On September 28 the groundbreaking ceremony for Kingair’s smart air conditioner equipment project was held, officially starting construction of the Kingair Ganzhou factory. In 2023, Zhejiang Kin...
Beijing Offers Heat Pump Heating Retrofit Subsidy up to RMB
The Beijing Municipal Commission of Development and Reform has released a notification about the Implementation Scheme titled ‘Strengthening to Vacate Inefficient Industry Space for Retrofit and Reutilization’ to boost high-quality industry development. The supporting condition of the scheme notes that: green energy saving retrofits will be implemented simultaneously with building r...
High Inventory Volume Causes Air Conditioner Sales Drop in C
According to aircon.com, China has recently had a sluggish air conditioner market. The air conditioner market in China saw a turning point in July 2023, when over 20% growth in delivery was achieved, followed by a cliff-like drop. August and September suffered year-on-year declines in delivery volume within China, with a falling scale of over 10%. Major regions in the domestic market such as Easte...
Guangdong Foshan Promotes Heat Pumps for the Industrial Fiel
Recently, Guangdong provincial government released its Notification of Releasing the Carbon Peak Emission Implementation Scheme in Foshan, which focuses on carbon peak emission actions in industrial field. The goal of this scheme is to promote low carbon transition of energy consumption in the industrial field. Diversified energy consumption in industrial field will be promoted and will include...
China’s Air Conditioner Exports Drop by 3.1% in RY 2023
Economic uncertainty triggered by global inflation, as well as the continuous fermentation of the Russia-Ukraine energy crisis, have led to weakened overseas demand in the second half of 2022, along with a high inventory volume due to a further export decline. In 2023, pandemic prevention measurements have been gradually loosened and production has returned to normal. This combined with lower ship...
Maersk unveils robust Omnichannel-Fulfillment capabilities f
17 November 2023 17 Nov, Shanghai – Singles Day, also known as Double Eleven, has consistently been a monumental E-commerce event with its origins in China. Officially commencing on 1 Nov...
PGI in Action—China: Proposing Solutions Aligned to Social I
17 Nov 2023 Taking Up the Challenge of Decarbonization in China Panasonic believes that contributing to decarbonization in China, one of the world’s largest emitters of CO2, can have a...
Flat Year-on-year Total Sales of ACs in China in August
Since August, the growth rate of air conditioner sales in China has slowed down. Total air conditioner sales in August increased by 0.4% year on year, which was basically the same as the same period last year, but still increased by 9.5% compared with August 2019. Among them, domestic sales fell by 9.7% year on year, which was a relatively obvious decline compared with the 27.6% year-on-year growt...
Haier UK: Haier Smart Home Wins ERT Awards in the UK
2023-11-16 The ERT Awards were held on the 9th of November 2023 at the Grand Connaught Rooms, London, for this industry leading awards event. We were delighted to win the Best New product for SDA A...
