The China Greentech Report 2014: Greener, Smarter, More Productive provides insight on the regulatory, financing and technology changes across China’s greentech markets
The report is sponsored by RTI International, DP CleanTech and Parkview Green
The report recommends how companies can best capture opportunities while supporting China’s battle against smog
Lisa Bistreich-Wolfe 919-316-3596
Kami Spangenberg 919-485-5606
The BEIJING – The China Greentech Report 2014: Greener, Smarter, More Productive, released by the China Greentech Initiative, provides insight on the regulatory, financing and technology changes across China's greentech markets in response to the government's shifting priorities, and recommends how companies can best capture opportunities while supporting China's battle against smog. The report is sponsored by RTI International, DP CleanTech and Parkview Green.
Given the heightened sense of urgency to reduce pollution and improve quality of life in cities, the report recognizes that China's plan to maintain a national gross domestic product growth target of 7.5 percent through 2014 must be accompanied by an equally resolute vision for cleaner growth.
"We are proud to sponsor the China Greentech Report, which highlights the need to balance growth with air quality improvements in China," said Rebecca Nicholson, vice president of RTI's Environmental Engineering and Economics Division. "RTI has conducted projects in China for more than 15 years and we are committed to ensuring cleaner growth in the country."
This year's report asserts that the severity and duration of the 2013 and 2014 air pollution crises have inspired change in China's overall approach to cleaner growth, and that the nation has an opportunity to leave behind former models of development and carve out a new standard for sustainable development that is greener, smarter and more productive.
"These three words 'greener, smarter, more productive' describe the kind of capabilities, technologies and operational expertise that need to be brought together to tangibly achieve China's green growth," said Elle Carberry, China Greentech Initiative co-founder and managing director.
China Greentech defines "greener" as adopting cleaner energy sources and technologies to reduce emissions; "smarter" as leveraging information systems and big data analytics to make informed decisions about resource use and management; and "more productive" as streamlining processes to use resources more efficiently and improve economic performance.
The report found that public participation is becoming an important driver for environmental protection, with access to data playing a role in pollution reduction efforts. Factors and players needed to transform China's approach to development are also in place as public awareness is at a height and city officials feel pressure to build cleaner urban centers, according to the report.
The report discusses the opportunity for companies to integrate their products and services to customize replicable solutions for China's project owners and governments in the areas of industrial efficiency, distributed energy, greener buildings and cleaner mobility. The report also outlines new central and local government plans for production reduction, and highlights how forward-thinking Chinese and international companies can use innovative technologies, best practices, and global collaboration models to accelerate China's sustainable growth.
The annual China Greentech Report series, first released at the World Economic Forum in 2009, has established the China Greentech Initiative as the authority on China's rapidly evolving greentech markets, and become a resource for companies seeking to grow their greentech businesses in China. The China Greentech Initiative is the only collaborative platform that develops and connects strategic insights on China's greentech markets with an expert community of more than 100 companies and governments.