China Energy Conservation and Environmental Protection Group Corporation is a

Beijing Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as ...

-based

state-owned enterprise A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goo ...

established in 1988 by the

State Council of the People's Republic of China The State Council of the People's Republic of China, also known as the Central People's Government, is the chief administrative authority and national cabinet. It is constitutionally the highest administrative organ of the country and the e ...

. Its

investment portfolio In finance, a portfolio is a collection of investments. Definition The term "portfolio" refers to any combination of financial assets such as stocks, bonds and cash. Portfolios may be held by individual investors or managed by financial profess ...

is committed to promoting

energy-saving Energy conservation is the effort to reduce wasteful energy consumption by using fewer energy services. This can be done by using energy more effectively (using less and better sources of energy for continuous service) or changing one's behavi ...

and

environmental protection Environmental protection, or environment protection, refers to the taking of measures to protecting the natural environment, prevent pollution and maintain ecological balance. Action may be taken by individuals, advocacy groups and governments. ...

technologies Technology is the application of Conceptual model, conceptual knowledge to achieve practical goals, especially in a reproducible way. The word ''technology'' can also mean the products resulting from such efforts, including both tangible too ...

and projects. CECIC has responsibility for 23 billion renminbi of investment in the national

energy conservation Energy conservation is the effort to reduce wasteful energy consumption by using fewer energy services. This can be done by using energy more effectively (using less and better sources of energy for continuous service) or changing one's behavi ...

fund for basic construction projects. It has promoted 13 major

measures and has completed more than 3,000 large-scale energy efficient and

projects. The president is Xiaokang Wang.

Business areas

China Energy Conservation Investment Corporation, through its subsidiaries, engages in the environmental protection, energy conservation, new and

renewable energy Renewable energy (also called green energy) is energy made from renewable resource, renewable natural resources that are replenished on a human lifetime, human timescale. The most widely used renewable energy types are solar energy, wind pow ...

, materials, and technology businesses. It involves in the treatment of environment, administration of

water resources Water resources are natural resources of water that are potentially useful for humans, for example as a source of drinking water supply or irrigation water. These resources can be either Fresh water, freshwater from natural sources, or water produ ...

, production and supply of water, treatment and recycling of

waste water Wastewater (or waste water) is water generated after the use of freshwater, raw water, drinking water or saline water in a variety of deliberate applications or processes. Another definition of wastewater is "Used water from any combination of do ...

, manufacture of anti-pollution equipment, and construction of environmental projects; power generation, and production and supply of heat, as well as manufacture of power transmission, distribution, and control equipment; manufacture of lighting devices and instruments, production of cold rolled steel strips, and manufacture of metal processing machines; hydroelectric and wind power generation, and gas supply; manufacture of new building materials, and mining and dressing of scarce and rare-earth metal ores; and manufacture of communication equipment, electronic devices, information chemical products, and equipment for public society security. The company also provides services, such as computer software services, as well as assets management, technology venture investment, and financial and industrial services.

Subsidiaries

China Geo-Engineering Corporation China Geo-Engineering Corporation (abbreviated as CGC) is a Chinese construction company that ranks in the ''Engineering News Record'' annual compilation of construction firms as one of the 250 largest international contractors by sales, with int ...

* China Ground Source Energy Industry Group Limited * CECEP COSTIN New Materials Group Limited * China Metal Recycling (Holdings) Limited

References

External links

* {{authority control Investment companies of China Conglomerate companies of China Environmental organizations based in China Government-owned companies of China Companies based in Beijing Conglomerate companies established in 1997 Financial services companies established in 1997 Renewable resource companies established in 1997 Chinese companies established in 1997

Business areas

Subsidiaries

See also

References

External links