Swiss power and automation technology group ABB called for a stronger focus on product life cycle assessment, or LCA, which is used to study the environmental impact of a product from the research and manufacturing stage through its usage and recycling.

　　Tobias Becker, head of ABB's process automation division for North Asia and China, said LCA is an effective tool in helping manufacturing industries to reduce carbon emissions.

　　LCA shows that industrial customers should focus on a product's environmental impact throughout its life cycle instead of on its initial investment or ready to use stage.For example, a motor's initial investment accounts for only 3 percent of its life cycle cost, while 94 percent goes to fuel consumption and the rest to maintenance.

　　Richard Hausmann, North East Asia CEO of Siemens, said：“The color of future industrialization is green.”

　　The Germany Company recently announces that it wants to receive orders worth more than 6 billion Euros (D|S 8.8 billion) for intelligent net power networks, Smart Grid, over the next five years.Siemens has set a 20 percent market share target for the global smart grid business.

　　A smart grid delivers electricity from suppliers to consumers using digital technology, advanced sensors specialized computers that save energy, reduce costs and increase reliability.The United States and China are considered the two biggest markets for smart grid.

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