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Frbiz Report: China's New Energy Industries Will see Rapid Development

2010-09-19 15:55 2799

BEIJING, Sept. 19 /PRNewswire-Asia/ -- Frbiz.com one of China's leading B2B search platforms, reports that new energy industries will see rapid development.

With increasingly serious traditional energy pressure, there has been quickened and increased new energy investment. Over the past five years, clean energy investment has increased 270%, registering an annual growth rate of 22%. In 2010, new energy investment will continue to increase.

New energy production processes are complex and technical content is high, making the industry chain long with high added value.

In the field of solar energy photovoltaic power generation, Europe is the largest user, while America and Asia are showing fast increases. Through national policy support and cost reduction, the photovoltaic industry will continue its rapid growth. China is the biggest producer of solar energy photovoltaic products, but also one of its smallest users. 95% of photovoltaic products created in China are used for export. This situation in short term may little change.

The nuclear power industry, relative to other technologies, has a high capital investment threshold and will see much time before the entire industry profit levels will remain at a higher level.

Due to the development of new energy vehicles, China has accelerated the establishment of Chinese new energy vehicle standards. Carbon emissions have become the focus and will be the main direction of long-term investment.

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Source: Frbiz.com
Keywords: Retail
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