Entering the venue of the 7th Qingdao Summit of Multinational Corporate Leaders, executives from various countries can be seen exchanging ideas around the green industry. Under the global economic fluctuations, many overseas companies have adjusted their overseas layouts, and China's clear and complete green development plan has become a core advantage in attracting foreign investment to continue to increase. German environmental protection company Stromberg, which has been deeply involved in the Chinese market for more than 50 years, relies on the resource utilization of kitchen waste and industrial waste heat recovery business. It has participated in many domestic environmental protection demonstration projects for many years. The company's leader admitted during the summit exchange that the country's comprehensive green transformation policy orientation has provided a broad landing scene for overseas environmental protection technology. Many representatives from multinational organizations attending the conference generally mentioned that China is simultaneously laying out emerging tracks such as new energy, new materials, and intelligent vehicles. The complete industrial chain is matched with continuously expanding opening-up measures, significantly reducing the cost of foreign technology landing. More and more multinational enterprises plan to increase investment in green fields and tap into market growth during the 15th Five Year Plan period.

Policy paving the green track

The outline of the 15th Five Year Plan clearly promotes the all-round green transformation of the whole society, synchronously supports the growth of various strategic emerging industries, and covers multiple key directions such as new generation information technology, new energy, new materials, and intelligent connected new energy vehicles. Domestically, we will accelerate the construction of a new energy system, promote the large-scale development of various clean energy sources such as wind and solar power, and improve supporting measures for industrial support and low-carbon transformation. The continuous release of market demand in various segmented fields of green industries has formed a rich space for cooperation. Multinational enterprises can find suitable application scenarios for advanced low-carbon technologies and complete sets of equipment. The sustained and stable implementation of policies has also given foreign investment peace of mind for long-term operation.

Foreign companies rooted in the green market

German Stromberg Environmental Technology has been in the Chinese market for over 50 years, with business covering kitchen waste treatment, organic waste resource utilization, and industrial waste heat recovery. It has implemented multiple benchmark environmental protection projects in Shandong. The person in charge of the China region of the enterprise stated that the goal of building a clean, low-carbon, safe, and efficient new energy system is highly compatible with the core business of the enterprise. In the future, we will deepen local cooperation and expand new projects for solid waste treatment in counties and waste heat utilization in industrial parks. At the summit, multiple overseas energy and manufacturing companies shared similar plans, leveraging their technological advantages to meet the domestic demand for dual carbon transformation, and promoting localized research and development and project implementation. Keywords: Green Transformation during the 15th Five Year Plan, Green Cooperation with Foreign Investment, Opportunities for Low Carbon Industries

Open up and strengthen foreign investment confidence

The current weak global economic recovery and increasing uncertainty in cross-border investment, coupled with the stable operation of the Chinese economy and steady progress in opening up to the outside world, continue to strengthen the investment willingness of multinational enterprises. The attending multinational executives and heads of international institutions unanimously believe that the continuous relaxation of foreign investment access and improvement of supporting business environment in China, coupled with the new industrial increment brought by green transformation, make the Chinese market have unique long-term value. Many enterprises have planned to increase investment in green industries, deepen the synergy of technology and capital between China and foreign countries, and rely on the huge domestic consumer and industrial markets to jointly create a new pattern of global green industry chain cooperation.Editor/Li Xiaohua