He cited the example of Ningxia Hui autonomous region, where the capacity of 20 wind power projects approved through a competitive process totaled 1.93 million kW, with average power price dropping by 7.9 percent.
He has been focused on market research, emphasizing price stability and the importance of overseas expansion.
He believes the new direct route will greatly facilitate Irish firms and exporters with operations and clients in China, as well as China’s financial services and technology companies investing in Ireland.
He emphasized in his keynote speech the importance for US businesses to tap into the huge Chinese market.
He became chairman of China Hi-Tech, a leading State-owned textile company, in 2008.
He listed NASA-related spinoffs, the internet, GPS, breakthroughs in semiconductors, nuclear power, imaging technology and pharmaceutical innovations as "important and highly visible manifestations of industrial policy the American way".
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He hoped that both Hainan and Hong Kong can deepen their cooperation and take advantage of the new opportunities brought by the 13th Five-Year Plan (2016-2020) and the Belt and Road Initiative to achieve win-win development.
He described a trade war as not the most likely scenario.
He built a sales network with local stores, wholesalers and agents, providing products including disposal bags, shopping bags and storage supplies. The annual sales volume of his company grew from 0,000 in 2012 to more than million today.
He called on the two sides to deepen their relations in a number of areas, saying that the first is to enhance political mutual trust, and to work together to implement the important consensus reached between Xi and the leaders of the ASEAN countries.