China's one trillion US dollars "along the way" to open the emerging energy market
Date:2017-06-01 origin:RCCN Visit:10981
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According to a recent government report, about one-third of China's foreign direct investment (excluding financial financing) in China's "all the way" flows into the energy sector. While this new initiative can theoretically provide more development opportunities for renewable energy projects, traditional power and fossil fuels are expected to remain the main beneficiaries of the "one way". However, with or without the "one way" initiative, China's renewable energy companies to enter the global emerging power market, the pace will not stop.
In this forum, China also announced a green "one way" program, emphasizing the expansion of cooperation in nuclear energy development, strengthening government procurement in the green power technology in the popularization of the role and to promote enterprises to achieve more sustainable Of global supply chain development.
Driven by increased domestic market opportunities and overcapacity, Chinese power developers are very concerned about the export of fossil fuel power generation technology, especially coal and electricity technology and related equipment. In this context, China has become the "outside China" the largest coal and electricity project investors.
As a major domestic grid operator, China's State Grid and its associated subsidiaries are eager to enter other overseas markets, and will invest heavily in the "one-way" area in the future.
The long-standing geopolitical hotspot in the implementation of the "one-way" initiative will be a major challenge that China must face. As a result of the "China-Pakistan Economic Corridor" project, India has refused to participate in the "zone along the way" Summit (currently there are six countries bordering India have participated in the project).
Here are a few sets of data we counted:
$ 14.5 billion
2016, China to the "one way" country's total foreign direct investment (excluding financial investment)
$ 7.6 billion
2015 to 2016, China to the "one way" country's total export volume of photovoltaic
24.5 GW
As of 2015, China in the "area along the way" the total capacity of coal and electricity development projects.
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