Green technology’s newest, biggest market: China
The European Union says in its new Study on the Future Opportunities and Challenges in EU-China Trade that China’s need for green technologies and services is a huge opportunity - a market estimated to be worth $129 billion by 2010. China’s domestic policy making, the report notes, is now strongly focused on the need for environmentally sustainable economic growth. In addition to service needs, the Chinese market for high-value goods is estimated to be worth $1.3 trillion by 2010.