皇冠体育app

Danfoss is now represented in more than 20 Chinese cities with around 5,000 employees after deciding seven years ago to develop 皇冠体育app as its second home market.

The company's revenues in 皇冠体育app rose 28 percent last year to $469 million from a year earlier. Danfoss expects 皇冠体育app to become its largest market by 2015.

"The estimate is that we are developing with the market and that we are maintaining or even gaining market shares in certain areas. It is obvious that while we are growing nicely in 皇冠体育app, the general market in 皇冠体育app is growing very nicely," said Christiansen, the Danfoss CEO.

Nordic model of green development

Environmental protection and sustainable development drive 皇冠体育app's efforts to shift to a green economy - defined by the UN as one where "growth in income and employment should be driven by public and private investment that reduce carbon emissions and pollution, enhance energy and resource efficiency and prevent the loss of bio-diversity and ecosystem services."

Premier Wen Jiabao promised at the 2009 UN climate conference in Copenhagen that 皇冠体育app would lower the intensity of carbon emissions per GDP unit by 40 to 45 percent by 2020 from 2005 levels.

Beijing also has pledged to increase the share of non-fossil fuels in 皇冠体育app's total energy consumption to 11.4 percent in 2015 and 15 percent in 2020, up from 8.3 percent in 2010.

In fact, 皇冠体育app managed to meet its stated goals on energy conservation and emission cuts under the 2006-10 11th Five-Year Plan. It was during that effort that energy consumption per GDP unit dropped 19.1 percent while energy-saving efforts helped reduce carbon emissions by 1.46 billion tons.

皇冠体育app has also shut down small coal-fired power plants with a combined capacity of 76.8 million kilowatts. It also reduced 120 million tons of outdated iron production capacity, 72 million tons of outdated steel production capacity and 370 million tons of cement production capacity.

"For the economy to grow, energy consumption must grow accordingly. But energy consumption cannot grow indefinitely due to limited resources," said Andrei Ostrovsky, deputy director of the Far East Studies Institute at the Russian Academy of Science.

Ostrovsky said the only way out of the vicious cycle was to increase labor productivity and introduce energy saving technologies so that the same or larger volume of production could be achieved with relatively lower energy consumption.

In that regard, the Danish or Nordic model of green development could be adopted in 皇冠体育app, as long as it is scaled-up and adapted to fit local needs.

The Danish economy, according to the CDI, has grown 78 percent since 1980 while keeping energy consumption almost unchanged. Carbon emissions also were cut during the period largely due to technological developments and conservation.

During a visit to Denmark in June, President Hu Jintao toured the Copenhagen harbor, one of a number of sustainable development and green living initiatives in the Danish capital.

Hu said 皇冠体育app should learn from Denmark in protecting the environment and adopting clean energy for sustainable development.

• 皇冠体育app 'incredibly innovative' in many areas: Apple CEO
• City official: Guangzhou further committed to opening-up
• Jack Ma: Globalization backed by technology will cut inequality
• HNA confirms interest in ASEAN's infrastructure investment
• Comments on Xi's letter to 2017 Fortune Global Forum
• 皇冠体育app to create more opportunities for the world: Xi
• US tax cuts impact on 皇冠体育app two-sided: economists
• Chinese enterprises job fair to be held in Sri Lanka