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Current Policies for Clean Tech in China

Current Policies for Clean Tech in China. Guangjian Xu Visiting Professor, Ford School Vice Dean and Professor, School of Public Administration, Renmin University of China Dec.10,2010. A. Investment Policy of Promoting Clean Tech.

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Current Policies for Clean Tech in China

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  1. Current Policies for Clean Tech in China Guangjian Xu Visiting Professor, Ford School Vice Dean and Professor, School of Public Administration, Renmin University of China Dec.10,2010

  2. A. Investment Policy of Promoting Clean Tech • China has made huge investments on the production capacity of hydropower, wind power, nuclear power and solar power sectors. China is the biggest nation at present in the construction of nuclear power capacity in the world. • The non-fossil energy will account for 15% in total primary energy production by 2020 according to the official plan.

  3. B. Fiscal Policy for Promoting Use of Clean Tech • Central government launched the new energy vehicle demonstration and extension work in public transportation in 13 cities since 2009. The target is 60,000 vehicles in 3 years. • Promoting the use of semiconductor lighting in the 21 cities in the area of municipal projects.

  4. C. Supporting the Production of Clean Tech • Subsidy policy to solar power industry in 13 economic and high-tech zones (Central government provides subsidy for key equipments, 50% of bid price). • Price policy: the state grid purchases solar power at reasonable price.

  5. .D. Eliminating Backward Production Capacity • Eliminating the small size thermal power generating units and other over-high energy consumption industries, such as steel, paper ,cement and so on with rigorous standard of environmental production.

  6. Composition of Primary Energy Production

  7. Composition of Primary Energy Production

  8. Market Opportunity for Michigan Firms in Clean Tech Sectors • However, the level of technology of Chinese firms in areas of new energy and environmental protection is still lower compared with US and other developed nations although there are rapid improvements in recent years. • Michigan firms in clean tech sectors have great advantages .

  9. Market Opportunity for Michigan Firms in Clean Tech Sectors • There is great potential for the development of clean tech in China in the near future. • Chinese government will put the new energy and new energy vehicle as strategy industries and set the cut of emission and increase of energy efficiency as important binding targets in the National 12th Five-Year Plan.

  10. Market Opportunity for Michigan Firms in Clean Tech Sectors Suggestions: A. Taking part in the construction and operation of clean tech industries. B. Providing tech service for Chinese companies in clean tech sectors.

  11. Thank You !

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