The performance characteristics of water-chilling heat pump using $CO_2$ with respect to variation of inlet temperature and mass flow rate of secondary fluid was investigated experimentally. An experimental apparatus is consisted of a compressor, a gas cooler, an expansion valve, an evaporator and a liquid receiver. All heat exchangers used in the test rig are counter-flow-type heat exchangers with concentric dual tubes, which ate made of copper. The gas cooler and the evaporator consist of 6 and 4 straight sections respectively arranged in parallel, each has 2.4 m length. The experimental results were summarized as the followings : As inlet temperature of secondary fluid in the gas cooler increases from $10^{circ}C$ to $40^{circ}C$, the compressor work, heating capacity and heating COP were varied to 37.8%, -13%, -35.9%, respectively. The heating capacity, compressor work, heating COP were turned into 23.3%, 6.42%, 13.1%, respectively when ass flow rate of secondary fluid in the evaporator increases from 70 g/s to 150 g/s. The above tendency is similar with performance variation with respect to temperature variation of secondary fluid in the conventional vapor compression cycle.