Off the wire
• Boao Forum for Asia Annual Conference 2015 concludes  • Chinese officials urge HK to bear "state concept" in mind  • 2nd LD: Arab leaders urge immediate withdrawal of Houthi fighters from Yemen  • 12 killed in traffic accident in SE Turkey  • Sri Lanka says EU ban on rebels to remain  • Bangladeshi opposition calls 48-hour strike from Monday morning  • 1st LD: Xi meets entrepreneurs, promising more opportunities in China  • Weather forecast for world cities -- March 29  • Weather forecast for major Chinese cities, regions -- March 29  • France holds 2nd round of regional election with the right poised to win  
You are here: 　 Home

"Belt and Road" initiatives benefit China's photovoltaic industry: expert

Xinhua, March 29, 2015 Adjust font size:

The Belt and Road initiatives will bring more solar energy to Asia and the world, benefiting China's photovoltaic industry, according to the head of China Photovoltaic Industry Association.

China has advantages in output, research and development of leading technology in the global photovoltaic market, Gao Jifan, the head of the association said on Saturday during the ongoing Boao Forum for Asia (BFA).

According to Gao, the installation price for photovoltaic power stations dropped from a level of 20,000 yuan (3,218 U.S. dollars) per kilowatt five years ago to around 9,000 yuan now.

"Photovoltaic power stations are no longer a luxury. Developing countries will now be able to invest in this alternative power," Gao said.

The Belt and Road initiatives were established on the four principles of openness and cooperation; harmony and inclusiveness; market operation; and mutual benefits.

Policy coordination, connectivity, unimpeded trade, financial integration and people to people bonds are the five cooperation priorities of the initiatives.

Gao believes that these principles will help China's photovoltaic products to break into new markets. Endi