Hong Kong-Taiwan 'green' business

An Expert's View about Environmental Technologies in China

Last updated: 29 Jun 2011

Under the 12th Five-Year Programme, the Chinese mainland government attaches increasing significance to energy conservation and emissions reduction. This, in turn, should increase the demand for environmental protection services.

Taiwan companies have lost little time tapping the huge business opportunities that this policy should entail, and Hong Kong companies shouldn't let the opportunity slip by.

The policy announced by the Chinese government for environmental protection has two focuses, four strategies and eight salient features.

Some of its main points include "addressing environmental problems affecting sustainable development", "deepening total emissions reduction", "improving environmental quality" and "centring on the theme of scientific development".

The Economic Cooperation Framework Agreement (ECFA) between the Mainland and Taiwan just took effect when the 12th Five-Year Programme began. Naturally, Taiwan companies are not intending to miss their chance to tap the market.

Units in Taiwan have established databases for solar photovoltaic power generation, LED illumination, wind power, biodiesel, energy, information and communications technology, hydrogen energy and fuel cells, electric cars, energy services and refrigeration and air conditioning.

These units have also analysed the industry chains, technological development strategies, market development and application trends of these nine key industries, in the hope of raising the competitiveness of Taiwan's green industry and making further advances in the international market.

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Posted: 28 June 2011, last updated 29 June 2011

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