Low-Carbon Industry Expansion - Key Studies From Chinese Companies
China stands to benefit significantly by transforming its pattern of economic activity towards low-carbon development pathways. Such a transformation is important to capitalize on new growth opportunities for low carbon technologies.
EqualOcean believes that, in the coming years, low-carbon industry developments will set the economic and business agenda in China and major economies as climate change becomes more severe in its effects. Renewable energy and the New Energy Vehicle (NEV) industry will lead the way.
In the near future, the renewable energy and NEV industry will see an accelerated shift in investment activities. Renewable energy and electric mobility are among the most effective tools in the fight against climate change, and more countries are in a joint effort to mature these industries.
Therefore, there will be more room for renewable energy companies to expand their business overseas –especially for Chinese companies as they manufacture renewable energy products way cheaper and in a mass scale due to the economies of scale, government support and experience. Chinese NEV manufacturers also have the same advantage as renewable energy companies in terms of attracting overseas consumers with lower prices.
Therefore, this report looks at China’s current policy ground and emerging private sector investments for a greener development, with 15 + 1 key studies from various companies in renewable energy and the NEV sector. Furthermore, it lays out the China-specific opportunities and challenges in these sectors as well as providing key insights for investors and market watchers.
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