Energy-efficiency has staying power as China business trend

chinese cityBuildings, buildings and more buildings have been the most prevalent image of China’s development. Over 50 billion (bn) sqm (square meters) of building space have been erected in the country; and on average another 2bn sqm gets built each year.

Both residential and commercial buildings account for more than 40 percent of total energy usage in China, according to Cleantech.com.

Hence, a new trend is emerging for developers to construct eco-friendly and energy-efficient skyscrapers and condominiums. Such efforts can cut costs on utility bills, while reducing pollution nationwide.

As of April 2015, 320 million sqm of green building space in China is certified by the domestic Green Building Evaluation Standards (GBES) or the Leadership in Energy and Environmental Design Standards (LEEDS) from the U.S. Green Building Council.

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