Core Insights - The fifth International Air Conditioning, Ventilation, Refrigeration, and Cold Chain Industry Exhibition (RACC) opened in Hangzhou, attracting participants from 106 countries and regions, marking the largest scale and diversity in its history [1][2]. Group 1: Industry Trends - The exhibition featured 607 exhibitors covering key areas of the refrigeration and cold chain industry, including CO₂ refrigeration equipment, ice washing accessories, and heat pumps [1]. - The industry is undergoing a transformation towards green and low-carbon solutions, driven by the dual carbon goals and the integration of digital economy with traditional manufacturing [3]. Group 2: International Participation - Delegations from multiple countries, including Bangladesh, Pakistan, India, and Indonesia, attended the exhibition, focusing on products like refrigeration and cold chain equipment, as well as smart cold storage solutions [2]. - The Pakistan Refrigeration Association emphasized the urgent need for both refrigeration and heating equipment due to extreme temperature variations in the country, and expressed interest in localizing production through partnerships with Chinese companies [2]. Group 3: Strategic Developments - A joint venture agreement was signed between Nuremberg Exhibition (Shanghai) Co., Ltd. and Hangzhou Feima Exhibition Co., Ltd., with plans to hold an overseas RACC exhibition in Thailand next year, promoting the global reach of Chinese exhibition brands [5]. - A report titled "Zhejiang Refrigerant Industry Going Global Development Report" was released to support industry transformation and empower companies for efficient international expansion [5].