Page 206 - 2019 White Paper on the Business Environment in China
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9 White Paper on the Business Environment in China

schools, hospitals, village committees as well as guest Works Cited
houses. The demands for clean heating are expected to
further push forward the development of ASHP market Associated Press. “China’s Manufacturing Weakens in
in 2018. Electricity or gas, local circumstances will be June Amid Trade Tensions.” US News & World Report, US
the major factor to consider. 2019’s coal-to-electricity News & World Report, July 2018, www.usnews.com/news/
projects should continue the focus on switching the coal- business/articles/2018-06-29/chinas-manufacturing-
fired heating systems in the remaining plain areas and weakens-in-june-amid-trade-tensions.
some mountainous areas, as well as the replacement of
previously installed electric thermal storage heaters. Four CHEAA. “China’s Coal-to-Electricity Policy to Further
million households were expected to switch their heating Boost Market Growth, Setting Central Heating a New
systems from coal to gas or to electricity in northern Trend.” China Appliance Magazine, China Household
China by 2019. Air heaters were the hottest items of ASHP Electrical Appliances Association, 30 May 2018, en.cheaa.
market in 2018. According to a conservative estimation org/contents/476/7689.html.
of an industry insider, at least 70 enterprises have placed
their air heaters on the market currently (CHEAA, China’s CHEAA. “How Badly Could US-China Trade Friction
Coal-to-Electricity). Affect China’s Home Appliance Industry?” CHEAA, China
Household Electrical Appliances Association, 17 Apr.
Television 2018, en.cheaa.org/contents/467/7588.html.

China’s television industry is rebounding after CHEAA. “Laundry Sector Undergoing a Structural
witnessing a downturn in 2017, with sales ascending to Change in Products.” China Appliance Magazine, China
48.98 million units, up 3.1 percent year-on-year, owing to Household Electrical Appliances Association, 30 Jan.
the consumption upgrade and stimulation from sports 2018, en.cheaa.org/contents/476/7410.html.
events, said Beijing-based consultancy All View Cloud.
Global TV shipments reached 50.6 million units in the Chen, Zhijia, and Wanli Wang. “Guangdong
first quarter of 2018, up 7.9 percent year-on-year, among Leads China in Robotics Companies’ Quantity and
which shipments of LCD (liquid crystal display) TVs rose Production.” Dayoo, Guangzhou Interactive Information
7.5 percent to 50.1 million units, while shipments of OLED Network Co, 21 July 2018, news.dayoo.com/
TVs shot up 115.8 percent to 470,000 units, according to guangdong/201807/21/139996_52244920_0.htm.
IHS Market (China Daily, Soccer Fever).
China Daily. “Nation Gears up for Robotics Race.”
Chinese home appliance maker Hisense Group will ChinaDaily.com, China Daily, 11 May 2018, www.
become one of the world’s three biggest home appliance chinadaily.com.cn/regional/bda/2018-05/11/
enterprises after acquiring Toshiba Visual Solutions Corp content_36182192.htm.
(TVS), a wholly owned subsidiary of Toshiba Corporation.
The Qingdao-based company would gain access to China Daily. “Soccer Fever Set to Kick off National
the Japanese firm’s television business, including Boom in TV Sales.” CHEAA, China Household Electrical
production, brand and sales functions, and acquire its Appliances Association, 12 June 2018, en.cheaa.org/
brand license for 40 years in the globe. Hisense Electric contents/468/7769.html.
said that the acquisition would improve Hisense brand’s
influence in Japan, which is an important step for its “China’s Machinery Production Market Set to Grow
internationalization. Toshiba’s technology ranks ahead 7.9% in 2018.” Edited by Cheng Chun, CPRJ International,
in display field around the world. Acquisition can realize CPRJ International, 25 June 2018, www.adsalecprj.com/
alliance between giants. After the deal is done, the world’s Publicity/M/MarketNews/lang-eng/article-67030395/
top five TV manufacturers will be Samsung Electronics Article.aspx.
Co., Ltd., Haier Group, Hisense Group, Sony and TCL—
three of which are Chinese (Xinhua Finance). Duguay, Andrew. “Why The Death Of Manufacturing
In China Means A Positive Economic Outlook In 2018.”
Forbes, Forbes Magazine, 23 Jan. 2018, www.forbes.com/
sites/forbesfinancecouncil/2018/01/23/why-the-death-

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