As a leading investor in Asean’s energy sector, China can provide significant support for the region by promoting private-capital investment in renewable-energy projects. Chinese Premier Li Qiang made it clear at the 18th East Asia Summit in September that he wants to deepen cooperation with Asean countries: collaborating on energy, climate change and electric vehicles will realise shared growth.
Specifically, China may consider the following three approaches:
First, through policy dialogue and capacity-building programmes, China could offer targeted policy support to Asean for…