China Energy Conservation and Environmental Protection Group Corporation formerly known as China Energy Conservation Investment Corporation (CECIC) is a
Beijing
}
Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 ...
-based
state-owned enterprise established in 1988 by the
State Council of the People's Republic of China. 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 pro ...
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 energy for continuous service) or changing one's behavior to use less service (f ...
and
environmental protection
Environmental protection is the practice of protecting the natural environment by individuals, organizations and governments. Its objectives are to conserve natural resources and the existing natural environment and, where possible, to repair dam ...
technologies
Technology is the application of knowledge to reach practical goals in a specifiable and reproducible way. The word ''technology'' may also mean the product of such an endeavor. The use of technology is widely prevalent in medicine, science, ...
and projects.
CECIC has responsibility for 23 billion renminbi of investment in the national
energy conservation fund for basic construction projects. It has promoted 13 major
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 energy for continuous service) or changing one's behavior to use less service (f ...
measures and has completed more than 3,000 large-scale
energy efficient and
environmental protection
Environmental protection is the practice of protecting the natural environment by individuals, organizations and governments. Its objectives are to conserve natural resources and the existing natural environment and, where possible, to repair dam ...
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, materials, and technology businesses. It involves in the treatment of environment, administration of
water resources, production and supply of water, treatment and recycling of
waste water
Wastewater 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 domestic, industrial ...
, 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
See also
*
Suntech Power
Suntech Power Holdings Co., Ltd. () is a Chinese producer of solar panels, with of annual production capacity by the end of 2011. It is headquartered in Wuxi, Jiangsu. Shunfeng International Clean Energy Limited, a HKSE listed renewable energy inv ...
*
Chint Group
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