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          BIZCHINA> Top Biz News
          China, US eye clean energy co-op
          (Xinhua)
          Updated: 2009-11-19 11:09

          Last Month, Chinese President Hu Jintao said that the country would cut carbon dioxide emissions per unit of GDP by "a notable margin" in the decade to 2020, and to raise the share of non-fossil fuels in primary energy consumption to 15 percent by 2020.

          Technology exchange needed to promote

          At the Sino-US clean energy round table conference held on Monday, US Secretary of Commerce Gary Locke admitted that clean energy technology is one of the most beneficial areas for US-China cooperation.

          Locke said he plans to lead an energy and trade mission to China next March, which would include US firms from new energy technology sectors and make stops in Beijing, Shanghai and other cities.

          "The US has advanced clean energy technologies worldwide, while China has large market potential and outstanding production ability. The two countries expect fruitful results if they cooperate with each other," said Li Junfeng, deputy director of the Energy Research Institute under the National Development and Reform Commission.

          Meanwhile, he pointed out that the US needed to eliminate technology export control, promote technology exchange between the two countries and contribute to a win-win cooperation.

          Chen Fengying said: "Cooperation between China and the US has a good start these years, but it was not likely for the US to provide the core-technologies to China in consideration of the nation's interest."

          According to Chen, the US might not give China "what it is thirsty for" at present. There were still uncertainties in the cooperation between the two countries.

          Related readings:
          China, US eye clean energy co-op Vice Premier attends China-US clean energy co-op signing ceremony
          China, US eye clean energy co-op China, US to promote clean energy development
          China, US eye clean energy co-op Clean energy most beneficiary area for US-China cooperation
          China, US eye clean energy co-op Obama says Shanghai, Chicago can cooperate on clean energy

          China and the US, however, agreed to establish a clean energy research center on Tuesday, which will facilitate joint research and development of clean energy technologies by teams of scientists and engineers from the two countries.

          The research center will prioritize three topics including energy efficiency in buildings, clean coal, and clean vehicles. It will have one headquarter per country, with public and private funding of at least 150 million US dollars over five years evenly split between the two countries.

          US Secretary of Energy Steven Chu, who also attended the round table conference, expressed optimism about US-China cooperation in the deployment and development of clean energy technology.


          (For more biz stories, please visit Industries)

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