Xian Longi Hydrogen Technology Co. was registered March 31 in China, according to Solarzoom. Longis billionaire founder and president Li Zhenguo is serving as the companys chairman, and the shareholders are Xian Longi Green Energy Venture Capital Management Co. and Shanghai Zhuqueying Private Equity Investment Fund Partnership.
Solar Panel Giant Looks to Hydrogen to Solve Sector s Daily Feast-Famine Cycle caixinglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from caixinglobal.com Daily Mail and Mail on Sunday newspapers.
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The central directive has local governments striving to do their part.
A 4.5-hour flight north from Shenzhen, the city of Xi an has many of the right elements for tech innovation: research or manufacturing centers for semiconductors, aerospace and other high-tech industries; talent from local universities; and significant foreign investment. Both Samsung and U.S. chipmaker Micron have major operations in Xi an, which was also the fastest growing major city in China last year.
Xi an Mayor Li Mingyuan said in a statement last month to CNBC that tech innovation is at the top of his list for high quality development under Beijing s five-year plan. He said that by 2025, Xi an aims to achieve output in advanced manufacturing of more than 1 trillion yuan ($153.85 billion) and support more than 10,000 high-tech businesses, for total GDP of more than 1.4 trillion yuan. That s about 40% growth from Xi an s GDP in 2020.
China s fastest growing city wants to be the next Silicon Valley — local systems may get in the way msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.