Increase Your Sales in China and India
Join Assistant Secretary of Commerce David Bohigian on this 6 city mission to China and India. Mission Participants will:
Meet one-on-one with prescreened potential partners, agents, distributors, licensees, and retailers in each city.
Participate in discussions with national and local government officials, networking opportunities, country briefings, and site visits.
China: September 1-5, 2008
India: September 7-12, 2008
Targeted Products: All clean energy and energy efficiency technologies or services such as renewable energy, clean coal, or distributed generation; and all environmental technologies including air pollution abatement, water, waste, or instrumentation and monitoring equipment.
Full Mission Participation Fee: To participate in the Mission in both China and India, the fee is $5,400 per company and $1,000 for each additional company representative.
One Country Participation Fee: To participate in either the China or India portion of the Mission, the fee is $3,500 per person and $750 for each additional company representative.
All Applications must be submitted no later than July 21, 2008.
For More Information
Clean energy and environmental technologies have moved to the forefront of investments in China and India. These two powerhouse economies are seeking to diversify energy sources to boost energy supply and reduce carbon emissions in the context of sustained economic growth. The widespread environmental degradation that has accompanied economic growth has led to unprecedented demand for technologies to control, reduce and abate pollution. Clean technology investments in both nations will be enormous over the next 10 years, so now is the time to enter these important markets.
China’s rapid economic growth has been accompanied by widespread pollution and environmental degradation. This, combined with limited energy resources and inefficient use of energy, has caused the central government to make clean energy, environmental technologies, and energy efficiency a strategic priority. In the 11th Five-Year Plan (2005-2010), the government has set the targets of reducing energy intensity per unit of GDP by 20% and reducing emissions for major pollutants (e.g. carbon dioxide and sulphur dioxides) by 10%.
The Chinese Government’s recent passage of the new Renewable Energy Law has codified many of these mandates, including a renewable energy portfolio of at least 10 percent by 2020 (up from approximately 3 percent in 2003). This law is partly responsible for the increase in new renewable energy projects and offers U.S. producers an important opportunity to provide wind turbines, solar photovoltaics, waste-to-energy, biomass, geothermal, biofuels, and resource mapping technologies. Achieving the targets for wind energy alone (30 GW by 2020 from 1.2 GW in 2005) will require $21-28 billion in investment. China has already invested $12 billion in renewable energy capacity in 2007 and will most likely spend even more in 2008.
In addition to renewable energy, China has a substantial need for energy and environmental products that will render energy production from coal cleaner. Coal accounts for 69% of China’s energy use and thus the need to develop clean coal technologies provides a substantial opportunity for U.S. producers of combined heat and power, coal beneficiation products, coal mine methane extraction technologies, gas turbines, circulating fluidized bed boilers, pollution control technologies such as desulphurization technologies, and coal conversion technologies such as advanced pulverized coal gasifiers.
In addition to air pollution and the need for cleaner, more efficient energy, water issues are among the top priorities of China’s environmental protection plan. It is estimated that in the next five years, China will invest $175 billion in environmental protection, accounting for 1.3-1.4% of GDP.
All these initiatives underscore China’s intention to deploy cleaner and more efficient technologies. U.S. technology providers with accurate market information and a sound business strategy have the potential to take advantage of the growing Chinese market for clean energy and environment technologies.
India is experiencing dramatic economic growth and a rapidly increasing demand for energy. Currently the world’s fourth largest energy consumer, India will be the third-largest by 2030. Both India’s cities and villages lack adequate energy; there is therefore a need to add on-grid and off-grid power generation. The Government of India has specified renewable energy in its development plans and has developed numerous government incentives. The federal government has set a goal of electrifying 18,000 remote villages and meeting 10 percent of its energy demand with clean energy by 2012. The Indian market for clean energy is estimated at $600 million with an annual growth rate of 25 percent. The current 8,000 MW of installed capacity is expected to reach 20,000 MW by 2012. India is currently experiencing annual growth of energy demand of 9 percent a year.
The clean energy market in India offers strong business prospects to U.S. companies, particularly in solar, biomass, gasification, wind, hydro, and solid and industrial waste-to-energy. The market for energy efficiency is estimated to be about $2 billion, concentrated especially in energy-intensive industries such as cement, aluminum, fertilizers, pulp and paper, petrochemicals, and steel.
U.S. companies have the chance to initiate or expand sales in these booming markets when they join the U.S. Department of Commerce on this trade mission to China and India. Commerce Assistant Secretary David Bohigian will lead the Mission with coordination from Commerce staff in the United States, India, and China.
Relation to U.S. Government Climate Change Initiatives
The trade mission takes place within the context of both the President’s international framework on climate change, energy security, and economic growth involving the 15 major economies (the Global-15), as well as the Asia-Pacific Partnership on Clean Development and Climate (APP).