BRISL Participation in the International conference on Innovation and Development of Duel- Carbon Industries in Yulin, Shannxi Province
On September 13, 2024, BRISL participated in the 18th Yulin International Coal and High-End Energy Chemical Industry Expo. The delegation attended the opening ceremony and explored the exhibition halls, where they witnessed the latest advancements in the coal and energy sectors. The event provided a comprehensive view of China’s green energy transition and innovations in the energy industry. Additionally, BRISL participated in the 2024 International Carbon Industry Innovation Development Forum, which focused on promoting green energy solutions and sustainable development
Attending the opening ceremony BRISL visited the Yulin International Coal Expo exhibition hall, and attended the 2024 International Dual Carbon Industry Innovation and Development Exchange Event held at the same time, jointly witnessed the opening of the annual event in the field of coal and energy chemical industry, and personally felt the new driving force of the green transformation of Yulin, the “Energy Capital” of Shaanxi Province.
This year’s Yulin International Coal Expo is themed “New Energy New Era Low Carbon New Yulin”, closely following the latest trends in the global energy industry, focusing on the forefront of the industry, setting up six exhibition areas including high-end energy, intelligent digitalization, large-scale equipment, new energy and new materials, and comprehensively displaying the latest technologies, equipment and solutions in the field of coal and energy chemical industry, attracting more than 800 well-known domestic and foreign companies to participate in the exhibition.
On the afternoon, the overseas delegations also attended the 2024 International Dual Carbon Industry Innovation and Development Exchange Event. The guests focused on industry hotspots, and conducted in-depth exchanges and discussions on promoting green energy transformation and building a “dual carbon” development pilot zone, and discussed China’s green and low-carbon development experience. After the meeting, members of the foreign media delegation said that China’s top-level policy design, energy transformation, industrial transformation and other measures to achieve the “dual carbon” goal have demonstrated strong execution and innovation, and set an example for global climate governance and green development. As an annual event in the global coal and energy chemical industry, the Yulin International Coal Expo is not only an important platform for displaying cutting-edge achievements in the industry, but also provides an important driving force for promoting global energy transformation and ecological protection.
The "Belt and Road" Green Energy Project Development Report (Shaanxi Practice), published by Xinhua News Agency China Economic Information Service
Xi’an, September 14, 2024 — On September 14, 2024, alongside the 18th Yulin International Coal and High-End Energy Chemical Industry Expo Green Finance and Energy Development Exchange Event in Yulin, Shaanxi, the event was marked by the release of the “Belt and Road” Green Energy Project Development Report (Shaanxi Practice), published by Xinhua News Agency China Economic Information Service. This comprehensive report provides an in-depth analysis of the development status and trends of “Belt and Road” green energy projects, aiming to assist Chinese companies and financial institutions in identifying project opportunities, mitigating risks, and enhancing the quality of participation in the Belt and Road Initiative.
Key Insights from the Report
- Project Funding Operations: The report highlights five primary forms of Chinese company involvement in “Belt and Road” green energy projects: Engineering General Contracting (EPC), cross-border mergers and acquisitions, greenfield investment, Build-Operate-Transfer (BOT), and Public-Private Partnerships (PPP). It notes a shift from EPC and acquisitions towards more involved investment and financing models such as greenfield investments, BOT, and PPPs, reflecting a growing emphasis on deeper local project engagement.
- Financial Participation: Chinese financial institutions remain the principal financiers of these projects, though foreign banks are increasingly participating through syndicated loans organized by Chinese institutions. The report recommends that Chinese companies engage with local banks in project host countries to expand funding options and better assess project risks and opportunities. It also emphasizes the importance of insurance protection for projects.
- Country and Industry Analysis: According to Xinhua Silk Road Global Project Business Opportunity and Risk Analysis System, China has collaborated on green energy projects with 151 countries, with Vietnam, Pakistan, and Laos being key partners due to their strong renewable energy resources. Hydropower and solar photovoltaic projects are the most prominent, making up significant portions of Chinese overseas green energy initiatives.
- Typical Cases: The report features exemplary projects from Shaanxi Province, particularly in Yulin, known for its role in the Energy Revolution Innovation Demonstration Zone. It highlights innovative practices in solar energy, wind power integration, and distributed energy systems. The case studies illustrate how enterprises and financial institutions are advancing green finance and supporting the global green development agenda under the Belt and Road Initiative.
Wei Wei, Deputy General Manager of Xinhua Silk Road Division, emphasized that the report leverages the advanced capabilities of Xinhua Silk Road’s global project business opportunity and risk analysis system. This system combines big data, artificial intelligence, and professional analysis to provide robust, objective insights into project opportunities and risks.
For further details on the report or to explore Xinhua Silk Road’s analysis system, interested parties are encouraged to contact the creative team for additional information.
If you need more information about the report or would like to try the Xinhua Silk Road Global Project Opportunity and Risk Analysis System, feel free to contact the core team through the following methods:
Phone: 010-63073498/63074967/63073390
Email: silkroad@xinhua.org
The BRISL visit, facilitated by Xinhua Economic Information Services, has underscored the substantial benefits that Chinese investments and technologies offer to Sri Lanka. From port development and urban expansion to advancements in clean energy and seabed mining, these projects align with Sri Lanka’s goals for economic growth and sustainability. The collaboration under the Belt & Road Initiative not only strengthens the partnership between Sri Lanka and China but also paves the way for future developments that will drive both countries towards shared success and progress.
