China has huge clean energy business opportunities for US
Updated: 2008-01-09 22:34
BEIJING -- A US commerce official on Wednesday highlighted enormous business opportunities in the Chinese market and called for further collaboration between US and Chinese companies in clean energy.
"The continuing rapid growth of the Chinese economy presents unparalleled opportunities and challenges," David Bohigian, US assistant secretary of commerce for market access and compliance, said at a Sino-US Clean Energy Dialogue in Beijing.
"US clean-energy companies can help Chinese companies meet their enormous energy demands while deploying technology that benefits the environment," said Bohigian, the head of a Clean-Energy Trade Mission of 18 US clean energy companies to China and India from January 8 to 18.
"We have seen amazing growth in China's economy that has led to a great need for additional energy in these countries, and we expect this trend to continue," Bohigian said.
The mission aims to "match" participating US companies with opportunities in these fast-growing markets, where American clean technology goods and services could help improve the environment, according to the department.
The 18 US companies participating in this mission specialize in renewable energy, energy efficiency, clean coal and distributed generation sectors. They say they can offer innovative solutions to China's energy and environmental challenges and are potential partners to the country's business and government leaders.
Over 200 people attended the meeting, including representatives from some Chinese giant companies on energy, which are expected to ink agreements with UScompanies on future cooperation during or after the dialogue.
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