Pow­erChina goes global and green

China Daily (Canada) - - LIFE - By DUJUAN dujuan@chi­nadaily.com.cn

Power Con­struc­tion Cor­po­ra­tion of China Ltd, the big­gest hy­dropower de­signer and builder in the coun­try, will build on its cur­rent achieve­ments to ac­cel­er­ate its over­seas work dur­ing the 13th Five-Year Plan (201620), Yan Zhiy­ong, president of the com­pany, said on Wed­nes­day.

By the end of 2015, the com­pany, of­ten called Power- China, made than 50 per­cent of the gross profit from its in­ter­na­tional busi­ness. Over­seas busi­ness takes up more than 30 per­cent of its to­tal rev­enue, ac­cord­ing to the com­pany.

“Pow­erChina will con­tinue to bring the best power so­lu­tion to the world,” he said. “In our over­seas projects, the com­pany of­fers not only tech­nolo­gies and ex­pe­ri­ences, but also les­sons we’ve learned.”

He said in many over­seas projects in coun­tries such as Pak­istan and Egypt, the com­pany pro­vides power so­lu­tion ser­vices for the whole coun­try’s en­ergy sup­ply in­stead of a sin­gle project.

“In the past sev­eral years, we have pro­vided power plan­ning for free to more than 30 coun­tries along the Silk Road,” he said.

“As a glob­al­com­pany, weare mak­ing ef­forts on sus­tain­able growth not only for Chi­nese peo­ple, but also for peo­ple in the whole world.”

Vice-Premier Zhang Gaoli said dur­ing the 2016 G20 En­ergy Min­is­te­rial Meet­ing held in Bei­jing that in­ter­na­tional en­ergy co­op­er­a­tion will bring ben­e­fits to all coun­tries and re­gions, as the mobile in­ter­net, big data and cloud com­put­ing play big­ger roles in the en­ergy sec­tor.

“Fos­sil en­ergy con­sump­tion has brought many eco­log­i­cal prob­lems. The world’s econ­omy will be un­able to con­tinue de­vel­op­ing if we keep an en­ergy-ex­ten­sive con­sump­tion mode,” Zhang said.

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