China
Swegon opens Chinese subsidiary
24 - May - 2012 Swegon, the Swedish manufacturer of ventilation and indoor climate solutions, has launched a subsidiary in China. Swegon Indoor Climate Systems (Shanghai) Co Ltd is managed by Andreas Engstrom. The office will be able to cover the major domestic markets in China including Shanghai, Beijing and Guangzhou. There are currently two people working in the office but more staff will be ...
2. Regional Reports: 2.1 China
Both the domestic air conditioner sales in China and overseas exports topped 40 million units in 2011. Some 41 million air conditioners were sold in the domestic market in 2011, a 13% increase ...
2012 China Air Conditioning Market Trend
Comparing with the 2011’s blooming, the 2012 air conditioning market is faced with the challenges of real estate policies, cost increase pressure and macro policy adjustment. It is said that the overall AC market will not be optimistic. Central air-conditioners have penetrated into residential market, especial in luxury houses and villas. The percentage of commercial central AC usage is about 45%...
China Refrigerated Trucks Faces New Development Opportunity
Many local governments in China have strengthened their cold chain development plan in recent years, which will bring refrigerated truck market a new development opportunity. By 2015, the cold chain circulation rate of vegetables, meat and sea foods will be increased from 5%, 15% and 23% to 20%, 30% and 36%, respectively. Meanwhile, the refrigerated transport rate will increase ...
China Sustainable Development News
Distributed Energy Development in China Nowadays, China is faced with the challenges of population, resource and environment, the major task of achieving sustainable development is to improve the efficiency of resource use and minimize the environment pollution. Thus, to develop the distribute energy becomes one of Chinese main energy strategies. Chinese distribute energy is used in t...
Homa Refrigerator Business Expanding
Homa is specialized in design, manufacturing and sales of refrigerators. The sales volume of its refrigerators skyrocketed from 40,000 units in 2003 to 4 million units in 2010. In 2009 and 2010, Homa’...
Rechi Achieves Record High in Revenue and Sales in 2011
Rechi’s revenue in 2011 was RMB 16.7 billion, with a year-on-year growth of 32.23%; its total sales volume was 11.59 million units, a year-on-year growth of 22.61%. Rechi’ s revenue and sales last yea...
2012 Rare Earth Export Quota Policy Analysis
The Ministry of Commerce released the ‘Notice of 2012 rare earth export enterprises list and announcement of the 1st export quota,’ in which the 2012 rare earth export enterprises name list was announced, together with the 1st quota of rare earth export. This notice assigned the 1st export quota in 2012 to 11 enterprises that have passed the environment protection assessment, with a volume of 10,5...
AC Companies Active in the 111th Canton Fair
The 111th Canton Fair, an important indicator of China’s industrial development and economic trend, grandly opened in Guangzhou on April 15. Major home appliance makers were present at the fair, and a...
Government to Invest for Promoting New Energy in Building Ap
To better achieve green development, the focus in the building industry during the 12th Five-year plan will be on the large-scale promotion of recyclable resources. The central government will give preferential indemnification on welfare institutions such as schools and hospitals. Over the next few years, the Ministry of Finance will invest RMB 4 billion, and more callings for investment from loca...
