The “Belt and Road” initiative refers to the Silk Road economic belt and the 21st century maritime Silk Road. This initiative shows the political will to support Chinese companies doing business abroad. For the Chinese wind industry, the initiative is a real benefit in solving one of the major challenges facing the domestic market: excess capacity. Internationalization and turbine exports have become a strategic priority for the major local turbine manufacturers.
In this Spark – Energy Insight China’s “Belt and Road” Initiative to Boost Chinese Wind Turbine Exports, FTI Intelligence assesses the potential impact of this initiative, including who will benefit from trade with China and the business opportunity for Chinese turbine suppliers.Back to Research