Cheng Siwei, chairman of the Beijing International Finance Forum, said at the 2010 Summer Davos Forum in Tianjin on the 13th that "China's future industrial revolution is an energy revolution under the leadership of new energy."
According to Cheng Siwei's introduction, the research data show that in 2005, the environmental cost brought by environmental pollution and ecological damage to China accounted for 34.5% of GDP, and only achieved an increase of 14% in GDP that year.
Regarding whether or not the new energy industry will realize profitability, Cheng Siwei said that in the short term it may be a loss, but in the long run, it is certainly in line with the cost effect.
According to Cheng Siwei's introduction, the research data show that in 2005, the environmental cost brought by environmental pollution and ecological damage to China accounted for 34.5% of GDP, and only achieved an increase of 14% in GDP that year.
Regarding whether or not the new energy industry will realize profitability, Cheng Siwei said that in the short term it may be a loss, but in the long run, it is certainly in line with the cost effect.
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