Fighting climate change is a promising area for engagement between Western companies and China. However, geopolitical strains, the disruption of business relationships by the Covid pandemic, and domestic Chinese policies all make engagement complex.
In this article the authors examine the complexities of the current climate-change opportunities in China and present practical strategies for businesses ready to enter the market.
There is a twofold opportunity, they explain. First, China offers a vast market for Western-developed solutions. The Chinese government has set ambitious targets, aiming to achieve carbon neutrality by 2060. That goal creates significant opportunities for firms with cutting-edge technologies. Second, businesses have an opportunity to integrate China’s own advances in climate-related technology.
The authors go on to outline four strategies, all of which involve partnering in some way. They advise companies to make sustainability a global theme, to join or form coalitions to find safe spaces for technological development, to forge partnerships with local companies for market access, and to insource technology.Fighting climate change is a promising area for engagement between Western companies and China.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China's push for greener aluminium hit by erratic rains, power cutsChina's push for greener aluminium hit by erratic rains, power cuts
Read more »
Using DNA origami, researchers create diamond lattice for future semiconductors of visible lightThe shimmering of butterfly wings in bright colors does not emerge from pigments. Rather, photonic crystals are responsible for the play of colors. Their periodic nanostructure allows light at certain wavelengths to pass through while reflecting other wavelengths.
Read more »
Denver, DIA to test 86 outdoor warning sirens on WednesdayColorado's location and terrain create several different scenarios that create high-wind events.
Read more »
High wind events are declining in ColoradoColorado's location and terrain create several different scenarios that create high-wind events.
Read more »
Russell Wilson and Ciara Celebrate Son Future's 10th Birthday: 'We Are So Proud of You'Ciara welcomed Future with her ex-fiancé, rapper Future in 2014.
Read more »
College costs are beyond absurd. Here's a way to rein them inWhy do universities charge future teachers the same rate as future engineers?
Read more »