China, US Sign 8 Renewable Energy Deals

China, US Sign 8 Renewable Energy Deals
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Τετ, 26 Μαΐου 2010 - 18:33
The U.S. and Chinese governments began a renewable energy partnership Wednesday in Beijing by signing eight government and corporation-level agreements covering five fields, state-run Xinhua News Agency said.
The U.S. and Chinese governments began a renewable energy partnership Wednesday in Beijing by signing eight government and corporation-level agreements covering five fields, state-run Xinhua News Agency said.

The report cited
China 's top energy official Zhang Guobao as saying the U.S. has obvious advantages in research and development and industrialization and China has the fastest-growing energy market.

The report also said the partnership aims to advance large-scale production and industrialization of renewable energy.

The two governments will set up a general target and a policy framework for renewable energy, the report said.

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