U.S. Commerce Secretary Penny Pritzker is leading a group of 24 U.S. businesses to China seeking increased cooperation on clean energy. The group is the first “presidential designated” trade mission to visit China since Barack Obama took office. Companies represented in the delegation include Alcoa, GE, Lockheed Martin, Honeywell, and Qualcomm Technologies.
In a statement on the delegation, the U.S. Department of Commerce noted that “China offers vast opportunities for U.S. businesses with deep expertise in clean and energy efficient technology.” The purpose of the trip, the statement said, is to connect U.S. companies with “opportunities in the green infrastructure and energy efficiency industries” in China while also helping “introduce Chinese investors, entrepreneurs and innovators to the [United States’] clean energy technology market.”
The group met with Chinese Premier Li Keqiang in Beijing, who was also bullish on the possibilities for increased cooperation on clean energy. “China is accelerating a new type of ‘people-oriented’ urbanization plan, which offers a huge market for the advanced technology and management experience of the United States,” Li told the delegation, according to Xinhua. He also urged U.S. and Chinese companies to consider taking their partnership abroad to third country markets.
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