Session
Prospects for Environmental Technology Collaboration between Korea and China
- Time
- 11:40 ~ 13:00
- Organization
- Korea Human Development Institute
- Room
- B
- Speaker
Solutions to transnational environmental issues require close cooperation between neighboring countries. As neighbors, China and South Korea have signed environmental pacts while building a stronger partnership between the private sector and government agencies. China’s global status has dramatically risen since it successfully hosted the 2008 Beijing Olympics after joining the WTO in 2001. Thirty years after its reform and door-opening policies, China is now standing shoulder to shoulder with the United States in a new global leadership model, the Group of Two (G2). China has poured about 180 billion yuan into addressing environmental issues since it designated environmental protection as one of the top five priorities to improve its global image. The environmental industry in China is recording annual growth of 15 percent. Given the fact that China is a huge market for environmental technologies, has a competitive edge in macro-environmental technologies such as aerospace technology, and has room to cooperate with the advanced green industry of Korea, it is high time for the two countries to promote technological cooperation between their environmental industries strategically. This session will examine the results of environmental cooperation projects between the two countries and explore ways of promoting private-sector partnerships in the environmental industry.