A U.S. commerce official on Wednesday highlighted enormous business opportunities in the Chinese market and called for further collaboration between U.S.and Chinese companies in clean energy.
"The continuing rapid growth of the Chinese economy presents unparalleled opportunities and challenges," David Bohigian, U.S. assistant secretary of commerce for market access and compliance, said at a Sino-U.S. Clean Energy Dialogue in Beijing.
"U.S. 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 U.S. clean energy companies to China and India from January 8 to 18.
"We have seen amazing growth in China's economy that has led toa great need for additional energy in these countries, and we expect this trend to continue," Bohigian said.
The mission aims to "match" participating U.S. 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 U.S.companies participating in this mission specialize in renewable energy, energy efficiency, clean coal and distributedgeneration 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 representativesfrom some Chinese giant companies on energy, which are expected toink agreements with U.S.companies on future cooperation during or after the dialogue.
"We are looking for access to further investment from U.S. companies to some projects on clean coal and energy efficiency," said Zhuang Huiyong, S&T Development Department Manager with the National Bio Energy Co., Ltd.
Echoing Zhuang's remarks, Robert P. Thornton, President of the International District Energy Association, told Xinhua about his confidence in the Chinese renewable energy market, saying it has "great potential".
China, by 2020, plans to spend nearly 200 billion dollars to increase renewable energy use to 15 percent of total supply as well as reduce the energy that its buildings consume by 65 percent.
"The Chinese government highly emphasizes the cooperation on energy and environmental protection with the United States, and is sparing no effort to ease the Sino-U.S. trade imbalance," said Wang Chao, Assistant Commerce Minister of China.
China issued its first-ever white paper on energy conditions and policies at the end of last year, which encourages international cooperation in renewable energy, hydrogen energy and nuclear energy for a future world energy supply system using resources that are clean, economical, safe and reliable.
"However, due to the U.S. government's export controls, a huge trade deficit exists in high technology the United States is exporting to China," Wang said.
The Chinese trade official urged the U.S. government to expand its high technology exports to China, which is in the interests of both countries and would help ease current trade frictions.
The United States sent its first Clean-Energy Technologies Trade Mission to China last April.
Source:Xinhua
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