China
TCL Holds Overseas Sales Conference
TCL’s 2013 refrigeration year (RY) overseas sales conference was held recently. Chen Weidong, CEO of TCL home appliances group, Li Shubin, vice president of TCL home appliances group and general manag...
The 112th Canton Fair
On October 15, 2012, the 112th China Import and Export Commodity Fair (Canton Fair) was unveiled at Guangzhou. Major household electrical appliances enterprises in the domestic market all presented at...
Central ACs Included in High Efficiency Product Subsidy Prog
Approved by the State Council, the Ministry of Finance, National Development and Reform Commission, and Ministry of Industry and Information Technology jointly published the ‘Article on Implementation and Promotion of High Efficiency Unitary Air Conditioners and Chillers under the Energy-saving Products Waste Management Project’ to stimulate the purchasing of energy efficient home appliance produc...
Haier: Building its Own Brand through Innovations and Soluti
JARN visited Haier headquarters in Qingdao and interviewed Wang Li, director of commercial air conditioners for Haier. Ms. Wang talked about the penetration of the Haier brand in markets at home and o...
Haier to Take Over Fisher & Paykel
Nov 12, 2012 China’s Haier is set to take over New Zealand based appliance innovator Fisher & Paykel. As of Nov. 10, 2012, Haier had acquired 82.8% of the shares of F&P and intended to finali...
Chinese refinery capacity expansion suggests global potentia
2 November 2012 “The oil map is being redrawn and China’s emergence as a global product exporter is a big part of it,” said Antoine Halff, head of the IEA oil market unit and the editor of the Medium-...
Qingdao Haier Releases 9-Month Results
Nov 1, 2012 Qingdao Haier’s unaudited revenue in the first nine months of 2012 were RMB 40,800 million (approx. US$6,534 million), compared to RMB 37,373 million in the same period in 2011. Its unaud...
Chigo Earns Exemption from Export Inspection for Air-Conditi
Oct 30, 2012 Chinese air-conditioner producer Chigo earned an exemption from export inspection on Oct. 23, 2012. Chigo was officially awarded the exemption at a ceremony at the Guangdong Chigo ...
Motor Industry Decreases in First 6 Months of 2012
As calculated by the China Electrical Equipment Industry Association, in the first half of 2012 the motor industry has achieved a total output value of RMB 28.83 billion, a 2.2% year-on-year decline. The total industry manufacturing volume reached 8,700 MW, a reduction of 7,377 kW with a yearon- year decline of 7.8%. In the first half of the year, the motor industry has seen a sharp decline of yea...
AC Sales Slump by 25% in RY 2012
According to statistics released by the State Information Center on August 30, the number of air conditioners sold in the domestic market during 2012 refrigeration year (RY; from August 1, 2011 to July 31, 2012) declined by 25.1%, compared to the same period last year, while sales revenue dropped by 19.4%, a record year-on-year fall since RY 2007. However, in the depressed market, the high efficie...
