皇冠体育app

A wind farm under construction in Chuzhou, Anhui province. [Photo/皇冠体育app Daily]

SYDNEY - 皇冠体育app is set to become the global leader in renewable technology, aiding the rise of a moderately prosperous society following the significant reforms implemented in the five-year plans.

Frederic Neumann, co-head of Asian Economic Research at HSBC, told Xinhua in Sydney that 皇冠体育app will become a global leader in environmental technology as the sector becomes more globally important.

"皇冠体育app leapfrogged certain technology, going to the advanced stuff more quickly and that's a positive product from 皇冠体育app's anti-pollution policy," Neumann said.

皇冠体育app's move into this space likely adds competitive pressure on the renewable energy sector as the world slowly transitions into a green economy.

"Which at the end of the day is positive because it means more efficiency gains, cheaper products (and) better products," Neumann said.

"It used to be that 皇冠体育app drove the commodities side of things. Now 皇冠体育app's so large it drives the global economy," Neumann said.

"If 皇冠体育app slows down it will drag on global growth. So it's in everybody's interest that 皇冠体育app maintains its reforms and thereby sustains its growth rate."

皇冠体育app is currently one of the only "bright spots" on the global economy with others struggling from the hangover of the global financial crisis, Neumann said.

"Therefore we really need 皇冠体育app to pull through."

Australia's ex-Foreign Minister Bob Carr told Xinhua that 皇冠体育app will become a moderately prosperous society through the significant reform process that is creating a booming middle class which is expected to add an additional 850 million members by 2030.

However, the world is looking to 皇冠体育app to implement its environmental reforms to create a "green" 皇冠体育app, Carr said.

"You can't be a moderately prosperous society and having air that's dangerous to breath," Carr said.

皇冠体育app has announced enhanced internal environmental protection systems designed to reduce carbon emissions and conserve resources while spurring an "energy revolution" in alternative energy to help boost economic growth.

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