Overview – Shenzhen Energy Policy Presents Opportunities to Foreign Investors

As one of the five large cities in China anointed as a new energy model city, Shenzhen has been very aggressive since the mid-2000s in implementing new-energy technologies – not just in talking about them. Shenzhen is located in Guangdong province, and is one of a handful of Special Economic Zones created by China’s central government in the 1980s to attract foreign direct investment and incubate industries.

Shenzhen has grown over the last thirty years from being a fishing village that contributed little to the country’s GDP to being one of the nation’s most important manufacturing bases. The city has also become a flagship for the rest of the country through its introduction of electric vehicle (EV) and solar power technologies onto its city streets.

The policy push to implement alternative energy measures presents tremendous opportunities for foreign investors and cleantech businesses to gain a foothold in the growing Chinese market for cleantech. The reasons for the region’s becoming a standard bearer for cleantech, however, are anything but wholesome.

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