Two Chinese companies signed Memorandums of Understanding (MoUs) with the U.S. National Center for Sustainable Development (NCSD) Thursday to facilitate energy business.
The MoUs were signed between the NCSD and China Hainan Dayang International Energy Group Co. Ltd. and Zhuhai Dayang International Exchange Group respectively at the U.S.-China Innovation and Investment Summit.
The memorandums aim to help establish an international energy exchange platform for U.S. and Chinese small energy companies to do business together.
The NCSD CEO Mitchell Stanley said establishing this platform allows U.S. small businesses to sell their products in the global market.
“What we needed always is to get a middle market, a small business global trade platform,” he said. “This case allows individual exporters with individual products to go and sell their products into a global marketplace and get paid for it through this platform.”
The meeting covers four areas in science, health and technological innovations, including advanced manufacturing, biopharmaceutics and digital health & diagnosis, information and communication technology, as well as energy.