China Energy Conservation Investment Corporation
Encyclopedia
China Energy Conservation Investment Corporation (CECIC; 中国节能) is a Beijing
Beijing
Beijing , also known as Peking , is the capital of the People's Republic of China and one of the most populous cities in the world, with a population of 19,612,368 as of 2010. The city is the country's political, cultural, and educational center, and home to the headquarters for most of China's...

-based state-owned enterprise established in 1988 by the Government of the People's Republic of China
Government of the People's Republic of China
All power within the government of the People's Republic of China is divided among three bodies: the People's Republic of China, State Council, and the People's Liberation Army . This article is concerned with the formal structure of the state, its departments and their responsibilities...

. Its investment portfolio is committed to promoting energy-saving and environmental protection
Environmental protection
Environmental protection is a practice of protecting the environment, on individual, organizational or governmental level, for the benefit of the natural environment and humans. Due to the pressures of population and our technology the biophysical environment is being degraded, sometimes permanently...

 technologies
Environmental technology
Environmental technology or green technology or clean technology is the application of one or more of environmental science, green chemistry, environmental monitoring and electronic devices to monitor, model and conserve the natural environment and resources, and to curb the negative impacts of...

 and projects.

CECIC has responsibility for 23 billion renminbi of investment in the national energy conservation
Energy conservation
Energy conservation refers to efforts made to reduce energy consumption. Energy conservation can be achieved through increased efficient energy use, in conjunction with decreased energy consumption and/or reduced consumption from conventional energy sources...

 fund for basic construction projects. It has promoted 13 major energy-saving measures and has completed more than 3,000 large-scale energy efficient
Efficient energy use
Efficient energy use, sometimes simply called energy efficiency, is the goal of efforts to reduce the amount of energy required to provide products and services. For example, insulating a home allows a building to use less heating and cooling energy to achieve and maintain a comfortable temperature...

 and environmental protection
Environmental protection
Environmental protection is a practice of protecting the environment, on individual, organizational or governmental level, for the benefit of the natural environment and humans. Due to the pressures of population and our technology the biophysical environment is being degraded, sometimes permanently...

 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
Renewable energy
Renewable energy is energy which comes from natural resources such as sunlight, wind, rain, tides, and geothermal heat, which are renewable . About 16% of global final energy consumption comes from renewables, with 10% coming from traditional biomass, which is mainly used for heating, and 3.4% from...

, materials, and technology businesses. It involves in the treatment of environment, administration of water resources
Water resources
Water resources are sources of water that are useful or potentially useful. Uses of water include agricultural, industrial, household, recreational and environmental activities. Virtually all of these human uses require fresh water....

, production and supply of water, treatment and recycling of waste water, manufacture of anti-pollution equipments, and construction of environmental projects; power generation, and production and supply of heat, as well as manufacture of power transmission, distribution, and control equipments; 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 equipments, electronic devices, information chemical products, and equipments 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.
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