Going green urged in overseas investment

Chinese companies are encouraged to pay greater attention to green and sustainable operations in going global, reports Li Jiabao

As China actively boosts outbound investment, enterprises are urged to build a new competitive edge by utilizing green operational standards and bringing more benefits to host regions, elements considered crucial for sustainable development in the long run.

"Chinese enterprises will follow a spiral growth trend during the drive of going abroad to tap international markets and the journey certainly won't be smooth sailing. Overseas investment started to grow in 2004, and surged after the 2008 financial crisis," Peng Yali, director and head of research of KPMG Global China Practice, told China Daily in an interview.