Already in the first half of 2006, China 's net imports of crude oil stood at 70.33 million tonnes, up 17.6% from the same period back in Year 2005 and refined oil products stood at 12 million tonnes, up 48.3%. China had also produced 91.66 million tonnes of crude oil in the first half of 2006, a rise of 2.1% vs. first half of Year 2005.

China currently imports 40% of its energy needs, and it is predicted that by 2010, the nation's dependence on imported oil will reach 50%. China faces serious energy security issues in the wake of a rapidly growing economy. Volatile oil prices will impede this growth if China does not seek alternative sources to fuel the nation's demand for power and energy to sustain the growth, developments and investments of this booming nation.

??Beijing: The Ministry of Finance has decided to increase input in projects involved in developing bio-energy and other alternative energies between 2006 and 2010??

~ BBC News, October 3 2006

??The assumption that there will be no climate protection without nuclear energy and no safe and cheap energy supply without power plants based on fossil fuels is a technology-pessimistic myth that is blind to the future.??

~ Dr Hermann Scheer, Member of the German Parliament (Bundestag), Chairman of the World Council for Renewable Energy and President of EUROSOLAR

"China is now the 5th largest wind energy market in the world, and wind power is a competitive and secure energy source that, already today, is capable of playing an increasing role in the Chinese national energy mix.Vestas is firmly committed to the Chinese market and we see a continuous strong growth and a positive outlook for the Chinese wind energy market."

~Mr Lars Andersen, Managing Director of Vestas China, a major player in the alternative energy market in China

China Alternative Energy 2007 will address burning issues related to the harnessing, production and development of alternative and bio-energy sources to fuel China 's demand for energy security. The conference also provides the international community with a platform to further understand the emerging opportunities for foreign companies in this diverse, intricate and expanding industry.

Key Highlights:

•	China 's Preparations for the Olympics 2008 - What has been done for the Kyoto Mandate?
•	China 's Governmental Perspectives on Alternative Energy Adoption and Development
•	Structural Financing for Alternative Energy Projects in China
•	Development of the Various Alternative and Bio-Energy Sources in China - Wind Power, Hydro Power, Solar Energy, Biofuels, Hydrogen Fuel Cells, Coal-to-Liquid Fuel
•	Project Pipelines: Case Studies - Development Criteria, Requirements and Key Challenges

Network with :

•	Planners, owners and operators of wind power plants, hydropower stations,
•	Alternative/renewable energy specialists (hydro, tidal, pumped-storage, wind and solar power)
•	Design, construction and consulting engineers/specialists
•	Fuel Producers - petroleum, ethanol, natural gas, propane or hydrogen
•	Existing and new biofuels producers, marketers and traders
•	Government Policymakers/Regulators
•	Energy & Environmental Organizations
•	Development Agencies
•	Additives & Catalysts Suppliers
•	Industry/Equipment Suppliers and Vendors
•	Venture Capitalists/Financiers/Economists
•	Scientists and researchers