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Tuesday, February 11, 2014
The Cultivation of New Energy Market Cannot Be Rushed
ANBOUND

The environmental problems have become more serious in China. Although environmental protection and new energy industry has a great prospect, it needs a longer period to cultivate the market. ANBOUND think tank scholars believe that the Chinese government and enterprises should be more patient as the new energy market cannot fully cultivate in a short term. Infrastructure construction and institutional mechanism should be promoted simultaneously. The market will only mature when technological progress lead to decline in production cost and encourages the relevant industries to become more competitive.

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