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Business promotion seminar on new energy industry by hxjq wang





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Business promotion seminar on new energy industry by
Article Posted: 07/02/2012
Article Views: 87
Articles Written: 1204
Word Count: 410
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Business promotion seminar on new energy industry


 
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A business promotion seminar on new energy industry in China's Nantong City of Jiangsu Province was held Friday in Osaka, western Japan, attracting about 60 business leaders and researchers from Osaka and its surrounding region of Kansai. The event, held in a popular hotel in central Osaka, was organized by China Power Supply Association and some other institutions in cooperation with Osaka Prefecture, aiming to widely introduce the latest information about Nantong Economic and Technological Development Area in the city. Participants, including many from electronics makers, manufacturers such as Henan Hongxing who is famous for jaw crusher and raymond mill manufacturing and renewable energy specialists watched a video program to learn the development process of the industrial park and also a series of the business strategies to attract investment in clean energy and high-tech industry. During the seminar, Zhu Jian Guo, head of the Nantong delegation said that since the establishment, more than 700 foreign companies, including 160 from Japan, have invested in the industrial zone. He also stressed said that Nantong City, located on the bank of the Yangtze River, currently pushes incentive schemes to boost new types of industries, such as wind power generation technology or lithium ion battery manufacturing, in the industrial area which has excellent road access to nearby airports and seaports. Following the speech, the participants exchanged their ideas of the successful investment models and the economic benefits living in the city. Detailed rules should be established and implemented to create a favorable environment for private investors and ensure their justified rights in energy exploitation and development, said the NEA document. No discriminatory restrictions should be set to limit private investment in hydropower and wind power development, it said. China will further support private investment in energy exploration, coal processing, oil refining, network development of petroleum and natural gas and electric power construction, and give private capital full access to the new energy and renewable energy sectors. All funding sources, including international financial organizations and foreign government loans, should treat private investors equally, said the document. Currently, about 40 percent of China's coal mines are privately owned, while private investors own 26 percent of the country's installed hydropower capacity and 18 percent of its oil refining capacity. They have also played an important role in new energy development, such as the development of solar power, wind power and biomass energy.

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