Huge opportunity in China's clean energy market

(Xinhua)
Updated: 2011-04-10 14:13

BOSTON, the United States - China's clean energy market offers huge business opportunities, experts said at the Harvard China Forum here Saturday.

In a panel discussion on clean energy, experts who have been keeping a close eye on China's renewable sectors evaluated its market size, development level and current challenges.

"No matter it comes to wind, solar or any other type of clean energy, the market capability in China is enormous," Peter Evans, GE Energy's global strategy and planning director said.

Evans said he believed China has the need to develop all kinds of energy in order to meet its ever-growing appetite for energy, especially against the background of high oil price, which just surged to nearly 113 U.S. dollars a barrel.

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