BEIJING, Feb 19, 2008 -- Asia In Focus

With the huge market demand at home and abroad and the sound policy environment, China's wind turbine industry promises great prospects in the coming year, and experts have given the "recommended" rating of investment. According to a forecast made by the industry guild, China's installed wind power capacity will increase by 2.40 million kW in 2007 to reach five million kW, fulfilling the target of five million kW of wind power set by the National Development and Reform Commission (NDRC) for 2010.

* China's demand for wind turbine was 43MW in 1999, and surged to 2,407MW in 2007, rocketing 56 times in the eight years and demand is forecast to reach 3.61 million kW, 5.05 million kW and 6.57 million kW in 2008-2010, rising 50 per cent, 40 per cent and 30 per cent year on year respectively.

* The aggregate sales of wind turbine are predicted to reach 30 billion yuan (US$4.178 billion) by 2010, and increase to 180 billion yuan by 2020.

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