Europe is charging ahead on its green energy journey, but ambitious targets come with hefty price tags. To bridge the gap, innovative partnerships are stepping in to lighten the load. 🌱
Global expert Denis Depoux of Roland Berger explained that to stay competitive, Europe increasingly relies on importing high-tech equipment from China. He noted, "Chinese players are investing in Europe to better serve the European market, bringing much-needed technology transfer and creating employment."
This investment trend mirrors history. Two to three decades ago, European companies ventured into China seeking industrialization and job creation. Now, the roles have reversed, showcasing a mutually beneficial exchange of innovation and expertise.
As both sides continue to collaborate, these strategic moves promise not only to power Europe’s green transition but also to set the stage for a sustainable future. Stay tuned as this exciting partnership unfolds!
Reference(s):
Expert: Chinese investment helps Europe green transition ambition
cgtn.com
