"Given China's huge population and growing economy, our sunliquid technology can play a key role in helping the country make that important fuel switch," Rarbach said.
The transition in fuel is also helping eliminate winter smog. This year, Beijing has shut down more than 4,000 coal-fired boilers used for winter heating, replacing coal with natural gas and electricity, prompting state oil companies to look overseas for new gas sources.
Sinopec will take the lead in exploration of liquified natural gas (LNG) in Alaska, according to a deal signed during U.S. President Donald Trump's visit to China.
The project could create 70,000 new jobs in the United States, while helping China cut 80 million tonnes of carbon dioxide emissions annually, according to the Ministry of Commerce.
In an interview with Xinhua, Governor Bill Walker of the U.S. state of Alaska said the project could provide a long-term LNG supply at a stable price and meet China's rising demand.
"We have a tremendous opportunity in Alaska to bring liquefied natural gas to China on a very long-term basis," Walker said.
With the country's continued opening-up and better environmental protection in the years to come, more foreign firms can benefit from China's clean energy drive.
【国内英语资讯:Yearender-Economic Watch: Foreign companies keen on Chinas clean energy drive】相关文章:
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