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Geely chairman Li Shufu provides suggestions on methanol-fueled vehicle market

Shirley From Gasgoo| March 06 , 2018

China auto market news, China two sessions automobile-related proposals, 13th CPC CPPCC

Shanghai ( Gasgoo)- Li Shufu, delegate to NPC and chairman of Zhejiang Geely Holding Group Co., Ltd delivered proposals during the two sessions. One of them is about developing liquid solar economy to promote the marketization of methanol-fueled vehicles.

China auto market news, China two sessions automobile-related proposals, 13th CPC CPPCC

Li Shufu suggested that China should set up demonstration area for "liquid solar economy" via innovations in mechanism as well as pilot policies. By making full use of the comprehensive resource advantage of the demonstration area, China will deploy the technological innovation, service for science and technology as well as industry agglomeration of methanol industry. With exploration in mechanism and marketization operation, all platforms at the demonstration area can be closely connected, shaping a world-leading innovation and entrepreneur environment for methanol economy. 

China auto market news, China two sessions automobile-related proposals, 13th CPC CPPCC

Li Shufu also suggested stepping up efforts on methanol-related technologies and set up national key methanol projects. He advised China should integrate cutting-edge technological power on methanol-related R&D to realize the industrialization of high-tech methanol technologies through capital operating platform.

China auto market news, China two sessions automobile-related proposals, 13th CPC CPPCC

Li Shufu proposed that China establish the "liquid solar fund", master the most advanced methanol-related technologies and take the leading position in the methanol industry in the future. Considering the global supply and demands of methanol, China and Europe still depend greatly on the methanol importing, while African, North America and Middle East will be the major methanol providers for China and Europe.

China auto market news, China two sessions automobile-related proposals, 13th CPC CPPCC

As Li Shufu suggested, China should develop mated facilities to promote the R&D of key technologies and transformation of innovative achievements. Moreover, China should formulate industry-related policy and technological standards to complete the industrial policy on methanol. 

According to Li Shufu's proposal, China need to foster the marketed operation for methanol-fueled vehicles. Taking the state quo of Chinese energy and market, Li Shufu also proposed China open up the methanol-fueled market to promote the marketed operation for methanol-fueled vehicles. In the meantime, government should provide relevant supportive policies to help transit to the marketization at the early stage. In addition, Li also suggested that China should complete the development in supporting infrastructure, system, operating management and some applied safety valuation for methanol-fueled industry, as well as enhance these jobs in a wider range across China.

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