CASH

S mar­ket ses

Global Times US Edition - - BIZIN T -

hang added. ed sup­port from the ing with moun­tains en a headache for eyang. of garbage in the as rock­eted from 0 tons in 2018. ed test runs in 2018, ng 1,000 tons of garet­ing its first phase of ons af­ter the sec­ond ALBA Group’s China ities have al­ready ecy­cling tech­nolon­tial in the com­ing na­tion. s in­vited to work garbage dis­posal in [in north­ern China]. They’re de­ter­mined to solve their prob­lems,” Pei said.

Com­ment­ing on China’s trash re­cy­cling ef­forts, Jurijs Trosenko, a re­gional man­ager of Fin­nish com­pany Solid En­vi­ron­men­tal Tech­nolo­gies, said China has started to tackle the prob­lem be­fore it be­comes too crit­i­cal.

He said it is good for the vast coun­try to set an ex­am­ple for all de­vel­op­ing coun­tries.

Valu­able Euro­pean know-how

In Sweden, a small city called Ham­merby, some 8 kilo­me­ters south of cap­i­tal city Stock­holm, has seen many Chi­nese del­e­ga­tions seek­ing ad­vanced tech­nolo­gies in en­vi­ron­men­tal pro­tec­tion in re­cent years.

Ham­merby is now an eco-city model with large stretches of woods and lawns, as well as crys­tal clear rivers.

Some 30 years ago, the city was bet­ter known as “garbage city,” as it was heav­ily pol­luted with house­hold trash.

As part of the city’s rein­car­na­tion ef­forts, biodegrad­able plas­tic bags are in place for garbage sort­ing, and un­der­ground vac­uum tubes were in­stalled to send the sorted trash to dif­fer­ent pro­cess­ing cen­ters.

ENVAC Group, an en­ter­prise that took part in this drive, also came to China to scope out busi­ness op­por­tu­ni­ties.

In March, ENVAC signed a con­tract with White Peak Real Es­tate to sup­ply its sys­tem to a new, smart eco-com­mu­nity in China’s eastern coastal city of Yan­tai.

“Sus­tain­able de­vel­op­ment and en­vi­ron­men­tal friend­li­ness is the fea­ture [of the eco-com­mu­nity]. We are try­ing to solve a myth that ur­ban­iza­tion level is ris­ing but peo­ple’s sense of hap­pi­ness is dipping,” said Jes­per Jos Ols­son, pres­i­dent of White Peak Real Es­tate.

With an eye on China’s green fu­ture, Chi­nese en­ter­prises are investing big in rel­e­vant Euro­pean busi­nesses.

China Ever­bright In­ter­na­tional ac­quired NOVAGO Sp. Z o.o., a ma­jor Polish waste man­age­ment firm, in 2016.

Es­tab­lished in 1992, NOVAGO is the largest in­de­pen­dent waste treat­ment com­pany in Poland.

NOVAGO’S ad­vanced waste-to-en­ergy tech­nolo­gies, turn­ing or­ganic waste to meth­ane and com­bustible waste to al­ter­na­tive fuel, are highly val­ued for the Chi­nese mar­ket.

The method will con­trib­ute to less­en­ing de­pen­dence on tra­di­tional fos­sil fu­els and help re­duce the most harm­ful emis­sions, such as par­tic­u­lates, sul­fur and ash, serv­ing the cru­cial and ul­ti­mate goal of pro­tect­ing the en­vi­ron­ment.

Chil­dren learn waste sort­ing knowl­edge at a kinder­garten in Hangzhou, East China’s Zhe­jiang Province on Thurs­day.

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