China-me cooperation to power green energy shift
BEIJING: Liu Zhongmin, a member of the National Commitee of the Chinese People’s Political Consultative Conference (CPPCC), said that, through cooperation, the Middle East and China can not only ensure a stable energy supply but also jointly promote the green transformation of the energy ecosystem.
China Economic Net quoted Liu Zhongmin, who is also an academician of the Chinese Academy of Engineering, as saying, “The Middle East boasts abundant petroleum and natural gas resources, while China leads the world in energy technologies. Throughcooperation,bothsidescannotonlyensure a stable energy supply but also jointly promote the green transformation of the energy structure.”
Liu Zhongmin emphasised China’s commitment to cooperation with the Middle East. “Multiple joint ventures have been established, and forums have been held to foster collaboration. China has maintained a partnership with Saudi Arabia’s Aramco Company for over ten years. Research and development centres have been co-established to explore new areas of interest. China’s advanced technologies in energy and chemicals are also exported to the Middle East [to] support local development.”
According to a report by the International Energy Agency (IEA), based on the energy transition plans announced by Middle Eastern countries, the total renewable energy capacity in the region is projected to exceed 192 gigawats by 2030, which is 17 times the current level. Cooperation between China and Middle Eastern countries in the field of new energy has the potential to accelerate this process.