China’s investments in the United States have increased rapidly and will continue to grow in order to acquire market channels, advanced technology and other related assets. The clean technology business sector has become very important to China’s economy. Large R&D investments are being made in China on new technology for this sector and in the deployment of proven technology, but U.S. technology and businesses are still important strategic targets. Buyers with cash will have the upper hand in most cases and there is a substantial amount of cash in China.

Solar and wind renewable energy generation products have received the most attention, but China is also progressing rapidly in other markets such as smart grid and energy storage, building integrated photovoltaic (PV), electric vehicles, LED lighting and other energy efficiency products. China has demonstrated low cost manufacturing capability and is quickly increasing its products and services offerings in energy storage, grid management and in the deployment of wind and solar generation projects.