Promoting new shared opportunities and collaboration for new development, the 2024 China-Japan Offshore Wind Power Industry Cooperation (Dongying) Matching Conference took place on Jan 12. 

Attended by approximately 60 representatives, including Zhang Jianli, a member of the Party committee of the Dongying Economic and Technological Development Zone, and Noda Daisuke, head of MUFG Bank's Qingdao branch, the conference marked a significant milestone.

Zhang highlighted the extensive history of collaboration between China and Japan, emphasizing their profound partnership and mutual contributions. Encouraging both sides to leverage their strengths, he urged exploration in green and low-carbon initiatives and equipment manufacturing for mutually beneficial outcomes.

Both sides make speeches. [Photo provided to chinadailly.com.cn]

Noda Daisuke acknowledged China's allure for foreign investment due to its robust infrastructure, vast consumer market, and innovation capacity. He anticipated enhanced industrial cooperation and supply chain restructuring between two countries, and MUFG Bank pledged continued support for fostering connections between enterprises, contributing to Dongying's economic growth.

The Dongying Offshore Wind Power Equipment Industrial Park, with a planned investment of 48 billion yuan ($6.75 billion), has rapidly become a leading domestic offshore wind power equipment base. Hosting 28 projects, it includes whole-machine enterprises, blade manufacturers, and core component producers, signifying a new era in terms of the bilateral collaboration.

Representatives from two nations communicate. [Photo provided to chinadaily.com]

The success of the conference opens new avenues for Sino-Japanese cooperation in offshore wind power and brings fresh economic prospects to Dongying. As both nations explore shared opportunities, the conference lays a foundation for sustainable development in the ever-evolving global energy landscape.