China
Haier Launches Pakistan's First Solar Hybrid AC
2023-07-19 Haier, Pakistan's leading home appliances company, has introduced the country's first solar hybrid air conditioner, marking a groundbreaking development in the industry. &...
Sanhua Electronic Kit series has been expanded with four new
10 Jul. 2023 SANHUA is pleased to announce that our SEK Kit series has been expanded with 4 new models that include our LPF 45-65 valves, which we introduced earlier this year. We are sure that it wi...
2023 Haier business partners convention
2023-07-13 On July 11, local time, Haier held the 2023 Business Partners Convention in Manila, Philippines. 400+ guests from the Chinese Embassy in the Philippines, the Philippine Department ...
Investment in Real Estate Drops by 6.2% YoY from January to
On May 16, the National Bureau of Statistics released basic information regarding China’s real estate industry nationwide from January to April, 2023. According to the statistics, in these first four months, China saw a total real estate development investment of RMB 3.5514 trillion (about US$ 501.34 billion), falling by 6.2% year on year; further analysis shows that investment in residentia...
Jiangsu Built City Smart Cold Chain Logistics Complex
Chengfa smart cold chain logistics complex project is the first city smart cold chain logistics complex in Jiangsu Province. Located in the Haiqian village, Haitou county, Ganyu district, Lian Yungang City, the project is financed by Ganyu City Construction Development Group, and boasts a total investment of RMB 606 million (about US$ 87.1 million) and a total area coverage of 66,700 m2. Ganyu ...
Emerson Xi’an Industrial Park Begins Operations
On May 24, the Emerson Xi’an Industrial Park operation ceremony was held in Xi’an, Shaanxi Province, aiming to further enhance service and innovation capabilities in industrial automation ...
CR 2022 Technical Reports — Chillers
Reported by Prof. Xu Rongji and Dr. Wang Gang from Beijing University of Civil Engineering and Architecture At China Refrigeration Expo 2022 (CR 2022), Chinese leading brands such as Bingshan...
Labor Day Holiday Promotion Yields AC Retail Value of RMB 12
According to statistics from AVC released on May 15, air conditioner sales saw a combined retail value of RMB 12.2 billion (about US$ 1.72 billion) during the Labor Day holiday, showing 32.4% year-on-year growth; the retail volume was 3.2 million units, rising by 24.3% year on year. As for prices, the first quarter saw intensified online competition; however, prices continued to rise, even during ...
Jiangxi Supply and Distribution Cold Chain Logistics Park Be
Jiangxi supply and distribution cold chain logistics park began operations before the Labor Day holiday. It is the 14th distribution center of the Guangdong-Hong Kong-Macao Greater Bay Area ‘Vegetable Basket’ project. Boasting a total investment of RMB 1 billion (about US$ 143.8 million), the project includes cold storage areas of 48,000 m2 and a storage volume of 37,000 tons. The proj...
Air Conditioner Prices Return to Pre-Q1 2023 Price War Level
The first quarter of 2023 has seen manufacturers actively scheduling production and stocking, and delivery volumes in February and March reached 41.5% and 18.5% year on year, respectively. According to AVC, home appliance manufacturers seized upstream core resources in March, and upstream manufacturers, including compressor manufacturers, have seen full orders. According AVC full channel overal...
