Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
On September 22, the American news agency Bloomberg published an article titled "What Investors Saw in China: Green Everyday Life." The article stated that China appears to be leading in all areas of clean technology. A group of investors from Europe and the United States wants to determine whether European and American companies can still remain competitive in the transition to clean energy.
This July, eight venture capitalists flew to China. Members of this team hail from London, Berlin, Copenhagen, Barcelona, and other cities. They are all focused on early-stage investments in clean energy startups and collectively manage $6 billion in assets.
During their trip to China, the investor team met with the founders of the respective companies and visited the production facilities of approximately 10 companies in Shenzhen and Shanghai. They saw not only cutting-edge batteries, new hydrogen-powered turbines, and breakthrough solar technologies, but also cutting-edge manufacturing facilities that enable large-scale production of these products.
China is the world's second-largest economy and a leader in almost all areas of the low-carbon transition, including investment, technology adoption, and manufacturing. At the same time, the US has shifted its climate investment stance. These factors are prompting Western investors to intensify their cooperation with China.
Before participating in the July trip, these venture capitalists had not directly invested in Chinese companies, but now they all recommend that their portfolio companies develop or implement a "China strategy." This can take various forms, such as establishing factories for European cleantech companies in China, establishing new partnerships with technologically advanced Chinese companies, or inviting Chinese companies to Europe to help manage local factories.
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