Energy Business Council members and Power China Eurasia VP Mr. Yang Fan exchanged ideas for possible cooperation of the companies of the two countries. Highlights of of Mr Fan's presentation;

China has many companies that have large cross-border investments.

These companies, administratively supervised by the central government or state governments, have a number of investment assessment processes. Economic and political constraints are taken into account, as well as strict investment evaluation, investigation and approval procedures. Although the process is prolonged, the process accelerates after the investment decision is made.

Chinese private sector companies are also very active in overseas investments. Although they act aggressively, the profitability constraint is an important consideration. It is observed that they give up opportunities that are not considered suitable for profitability compared to state companies. Large-scale projects are more preferred, but the risk preference is conservative and requires a government-sponsored subsidy policy (such as PPA or FiT) for investment.

Government-owned companies have stronger financing capacity and financing preferences with the Chinese financial institution and SINOSURE

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