CHINA’S huge lead in new and renewable energy technologies combined with the market readiness of members of the Association of Southeast Asian Nations (ASEAN) will unlock the region’s sustainable and new energy potential, analysts told a forum here on Friday. This would not only benefit the region’s people but also keep trade and cooperation between China and ASEAN dynamic and resistant to the expected disruptions stemming from the protectionist and regressive trade policies of certain countries, Belt and Road Initiative Caucus for Asia-Pacific President Ong Tee Keat said in his welcoming remarks on the “BRI 2.0: Ushering in the new phase of high-quality development amid green transition” forum.
“ASEAN has the comparative advantage and competitive edge in becoming the target destination for China’s green investments due to its vast renewable energy and critical mineral potential,” he said.
Xinhua
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