China and the US should set up joint research laboratories for renewable energy and other pollution-reducing technologies, according to a leading Chinese official.
Wang Qishan, the new Chinese vice-premier in charge of trade and finance, says the two governments should jointly establish tax and trade policies to encourage energy-saving innovation and set up exchanges of researchers.
“Stronger co-operation between the two countries in energy and the environment will enable China to better respond to energy and environmental issues and also bring about tremendous business opportunities and handsome returns for American investors,” says Mr Wang in an article to be published on Monday’s Financial Times.
The suggestions underline Beijing’s recent approach to the environment and energy-use, which combines a greater willingness to discuss limits on China’s emissions with a growing interest in getting hold of new technologies.
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