Energy Export Initiative
China’s economic growth, industrial development and rapid urbanization process during recent years have led to a surge in energy demand. The country has already shown initial improvements by cutting its energy intensity by 18.4% per unit of GDP during the period of the 12th Five-Year Plan (2011-2015). However, despite these efforts, China’s overall energy consumption rose on average 5.3% per year over the past decade. In addition, China’s share of global energy consumption is currently around 23% - and rising. Within the framework of the 13th Five-Year Plan (2016-2020), the Chinese government sets new priorities for energy efficiency and renewable energy with the aim of reducing energy consumption by a further 15% per unit of GDP until 2020. The energy, industry and building sectors will play a key role in this regard.
The challenges in China provide promising opportunities for German technologies and solutions for renewable energy and energy efficiency. Small and medium-sized enterprises (SMEs) in these sectors will receive targeted support, through the Energy Export Initiative of the German Federal Ministry of Economic Affairs and Energy (BMWi), in tapping the potential of promising foreign markets, such as China.
Within the framework of the Energy Export Initiative of the BMWi, German Industry & Commerce Greater China has implemented a series of measures in recent years, in order to support German companies in the Chinese market. Throughout the coming years, further activities will be organized on a regular basis.