A new collaboration aims to help China boost its environmental policies.
The World Economic Forum (WEF) and the China Council for International Co-operation on Environment and Development (CCICED) – an advisory to the Chinese Government – have signed an agreement to focus on how circular and sharing economy models can create a more resource efficient society.
They will also look into other areas including oceans, the potential of new technologies for the environment and climate change.
China aims to close industrial loops to turn outputs from one manufacturer into inputs for another and reduce the use of virgin materials and the generation of waste.
It is also said to be pursuing the world’s largest public-private renewable energy and green infrastructure investment programme.
David Aikman, Chief Representative Officer, China and Member of the Executive Committee at the WEF said: “This collaboration shows China’s commitment to exploring new economic models for sustainable and inclusive growth. We believe that our joint work will yield important case studies and policy recommendations for leaders.
“We hope that this partnership can serve as a role model for collaboration with other thought leaders in China who are committed to improving the state of the world.”
Last month British Chamber Shanghai launched a hub to help UK players create business opportunities in the Chinese offshore wind industry.