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Water heater industry booms in China
Water heater industry in the recent decades has reached to climax and the business of water heating appliances has swelled around the world. China being the leading county in every industry has reclaimed the success in the water heaters industry as well. There is no shortage of hot water cylinder manufacturers in China, rather we could say the Chinese market is saturated at the national level and therefore they are expanding to the world by providing stellar services and products around the world.
Any industry in a country doesn’t flourish without the sound policies and positive intervention of the respective governments. The Chinese government introduced such policies in the government which encourage the solar water heater industry to flourish first at the national and when they equipped themselves and absorbed the technology they ventured into the international arena.
There are two main reasons why the hot water cylinder manufacturers in China expanded to international level in a short time span. First is, in 2007 solar water heater installation was made mandatory in many local governments, this at the time put a strain on the hot water tank suppliers but made the way forward for the water heater industry. Another major policy was the provision of subsidy to the residents of the countryside on the appliances of solar water heaters. This improved the purchasing power of the people and boosted the industry. With these two incentives the solar tank manufacturers first equipped them to meet the national demand and in the meantime, they absorbed the technological advancement and competed at the world level.