Trade Resources Policy & Opinion Deputy Director of the Investment Promotion Bureau Met with the Deputy Director of the Department of New and Renewable Energy Resources of the National Energy Administration

Deputy Director of the Investment Promotion Bureau Met with the Deputy Director of the Department of New and Renewable Energy Resources of the National Energy Administration

Deputy Director of the Investment Promotion Bureau Met with the Deputy Director of the Department of New and Renewable Energy Resources of the National Energy Administration

Deputy Director of the Investment Promotion Bureau Yang Yihang met with the Deputy Director of the Department of New and Renewable Energy Resources of the National Energy Administration (hereinafter referred to as the Department of New Energy) Liang Zhipeng on the morning of May 8. Both sides carried out the thorough exchange on such issues as how to jointly promote the enterprises of new energy to “go abroad”.

At the meeting, Deputy Director Liang first introduced the basic situation of the new energy enterprises’ “going abroad”. At present, the domestic new energy enterprises have strong foreign investment willingness and many countries welcome Chinese enterprises to conduct investment layout in their countries to drive the development of the relevant industries. Under this circumstance, the Department of New Energy hopes to strengthen the cooperation with the Investment Promotion Bureau, to take full advantage of the channel and the network of the Ministry of Commerce at home and abroad in order to provide services for enterprises, and to suggest selecting important countries and regions such as those along the line of “the Belt and Road Initiative”, the BRICKS countries, the Middle East, the Africa and the Southeast Asia as the priority of work and to promote the investment cooperation between Chinese energy enterprises and the above regions. Deputy Director Liang also briefly introduced the coordination work mechanism of service new energy enterprises “going abroad” and the basic situation of the “overseas development alliance of new energy” under the preparation.

Deputy Director Yang emphasized the job function of the two-way investment promotion in the Investment Promotion Bureau and the work ideas of conducting the investment promotion focusing on the industries. He emphasized that the investment promotion of new energy industry is the key field concerned by the Investment Promotion Bureau. The Bureau provides the targeted service for enterprises by such ways as the information communication, the channel expansion and rights and interests maintenance. The Department of New Energy clearly knows the requirements of the enterprises and the Investment Promotion Bureau has multi-layered working channels and network. Both sides have complementary advantages and great cooperative potentials, and can jointly promote the domestic new energy enterprises to carry out the foreign investment by diversified forms of cooperation.

By the thorough exchange, both sides said that they will jointly establish a sustainable cooperative mechanism to provide service and support for new energy enterprises to “go abroad” in the whole process.

The First Department of the Industry accompanied to participate in the meeting.

Source: http://english.mofcom.gov.cn/article/newsrelease/significantnews/201505/20150500969873.shtml
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