The business opportunities come from adding to the advances already made by China, and assisting with project implementation. This is not to say that China can do it all alone, but business needs to recognise that there are limited opportunities to showcase new developments in this area.
China’s 14th five-year plan has eight elements. The last three are to promote green development, promote high quality development of the Belt and Road Initiative (BRI) and usher in a new stage of building a peaceful China. The last of these is a political statement and not of direct relevance to business.
The promotion of green development opens a wide range of business opportunities. It is important to understand that China is already well advanced in many of these areas so there are limited opportunities to bring the benefits of Western developments to an ‘underdeveloped’ China. For instance, the Beijing Winter Olympics are the first completely carbon neutral major sporting event.
