Home China Foreign companies eye opportunities in western China’s green industries

Foreign companies eye opportunities in western China’s green industries

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LANZHOU, July 12 (ABC): During the 28th China Lanzhou Investment and Trade Fair held in Lanzhou, capital of northwest China’s Gansu Province, a new local energy automobile company signed a procurement and investment contract with a German carmaker.

“This cooperation has paved our way to the EU new energy vehicle (NEV) market. I hope our NEVs will become known by more and more overseas customers and enhance the brand recognition worldwide,” said Yang Jian, chairman of Lanzhou Guangtong New Energy Automobile Co., Ltd. Bernd Tischler, mayor of Bottrop City in Germany, said that Chinese carmakers have advanced technologies and rich experiences in electric bus production. In his online speech, Tischler noted a booming need for new energy buses in Germany and Europe.

Green industries, including hydrogen energy development, high-end copper foil manufacturing, and NEV production, strike a pose at this year’s investment and trade fair. Rich in solar power and wind resources, China’s western region has become a pioneer in the country’s new energy drive by turning its natural endowments into energy for a greener future. The green industries have become a growth point in foreign cooperation in the region.

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  • FD News

    Financial Daily (FD) is an emerging media outlet providing news reports, analysis and features especially related to politics and economy. FD is currently one of the largest and most comprehensive private-sector information portals in Pakistan, providing its readers with apolitical, unbiased and fact-based news reports and analyses.

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