Chinese domestic wind power equipment development

(A) China's wind power equipment localization level continues to increase. The past 10 years, China's largest wind turbine manufacturing industry from scratch, has begun to take shape. February 2005 taper roller bearing the "Republic of China Renewable Energy Law" stipulates in favor of wind power development of the basic principles. After the introduction of a number of specific industrial support policies, such as the July 2005 National Development and Reform Commission issued a "wind power construction management with the relevant requirements of the notice" clearly stipulates wind power equipment localization rate to reach 70% or more, did not meet the equipment localization rate requirements do not allow construction of the wind farm. In this policy under the guidance of some large enterprises have to enter the field of wind power equipment in 2006, engaged in wind turbine equipment manufacturing enterprises has reached 30, 2007 has been increased to more than 40. Wind power equipment localization rate continues to improve, in 2004 to 25% in 2005 to nearly 30 percent in 2006 to 40% in 2007 has reached 44.83 percent, the "Eleventh Five" is expected to reach more than 70%.