Source: People's Daily

05-07-2009 15:29

Special Report:   EU-China HED

The EU expects to expand its investment in China's growing efforts on energy efficiency and environmental protection which have paid off well so far.

At a press conference in Beijing for the Second EU-China High-level Economic and Trade Dialogue to be held in Brussels on May 7 and 8, Ambassador Serge Abou, Head of a Delegation for the European Commission to China, said European companies expect to increase participation in China's endeavor on improving the country's energy efficiency and environmental protection.

Both Environment Commissioner and Director General for Transport and Energy are on the list of the 14-member EU delegation (nine commissioners and five DG) led by Trade Commissioner Ashton who will chair this most important annual trade dialogue jointly with Chinese Vice Premier Wang Qishan.

In his article published on New York Times on May 5, Vice Premier Wang Qishan said China hopes that the EU would "enhance cooperation with China on the development and application of clean energy, new energy and renewable energy".

According to the press release by the European Commission on May 6, sustainable development including low-carbon economy, and energy" are part of the agenda of the dialogue.

Mr. Abou said that China contributed 57 percent of the world's certified emission reduction (CER) produced with more than 500 UN-registered CDM projects. According to the Kyoto Protocol, developed countries can reduce their emission by providing fund or technologies in projects under the Clean Development Mechanism, or CDM, in developing countries.