China’s energy efficiency industry is emerging as a high growth sector with the country projected to spend as much as Rmb2.1 trillion (USD300 billion) over the next five years on products and services that cut energy use. The key drivers of this development are the Chinese government’s determination to curb the country’s expanding energy appetite as well as higher production and energy costs. Firms that develop cost-effective energy-saving technologies, particularly for the most energy-intensive industries, are poised to capture the opportunities. If successful, these enterprises will not only become profi table, but will also help lead China to a more sustainable energy future.
Inquiries
- Mariana Gonzalez, Communications & Metrics Assistant, New Ventures
Permissions
All rights reserved. For quotes and references, please refer to suggested citation on the title page of the PDF document. You may reproduce summary information about this report, such as the title, author(s) and summary details, provided you include a link to the publication's landing page where users can download the PDF version and/or other documents. If you wish to use this report in any other manner, please contact us to request permission.
