Magazine article New Zealand Management

MANAGING SUSTAINABLY : One Big Leap for New Zealand; China Has Proven It Can Reach Its Goals to ,Cyleap-frog,CO High-Tech Developments. Isn,COt It Time New Zealand Joined the Game, Asks Peter Neilson

Magazine article New Zealand Management

MANAGING SUSTAINABLY : One Big Leap for New Zealand; China Has Proven It Can Reach Its Goals to ,Cyleap-frog,CO High-Tech Developments. Isn,COt It Time New Zealand Joined the Game, Asks Peter Neilson

Article excerpt

Byline: Peter Neilson

Since 1986 the Chinese government has been pumping billions of dollars into a national research programme to accelerate its high-tech development.

Since 2001 the Cy863 ProgrammeCO has specially focused on clean-energy opportunities in a country which has switched from oil exporting to importing and generates 80 percent of its electricity from coal.

In 2006, the commitment to new energy sources was redoubled, increasing funding for wind, solar and hydro power. In 2006 alone, China doubled its wind-power capacity. It doubled it again in 2008, and the year after. It had almost no solar industry in 2003, five years later it was the worldCOs biggest solar-cell maker, winning contracts worldwide.

It is buying and installing the worldCOs most efficient electricity transmission lines, leaping ahead of the United States with its smart grid incentives and pilot programmes.

Clusters of new hi-tech industries, many with overseas partners, are being developed.

Now into its 10th five-year plan period, the Chinese government says its 863 Programme aims are to boost innovation capacity in the high-tech sectors, to strive to achieve breakthroughs in key technical fields and to achieve Cyleap-frogCO development in key high-tech fields.

Twenty-four years after the Chinese started working on cleantech opportunities to C[pounds sterling]leap frogC[yen] itself into a climate change- and resource-challenged world, New Zealand needs to do the same.

There are significant opportunities for this country in deciding what those opportunities are Co and putting in place policies which ensure we achieve them at Cyleap-frogCO speed to ensure we remain competitive.

We also need to coordinate our research and science funding to make best use of it and look at incentives to ensure investment flows into job-rich, high-pay, new sustainable businesses which can rapidly increase this countryCOs export earning power.

A study by Fuji-Keizai, a leading provider of market and industry information, finds the global market for cleantech products and services will reach US$1. …

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