Being as the largest exhibitor at China International Green Innovative Products & Technologies Show 2011(CIGIPTS), Siemens for the first time presents comprehensively in China how it drastically cuts down energy consumption and CO2 emission in Chinese cities. Siemens Financial Service gained lots of interests by sharing its visionary ideas and successful case regarding to building sustainable cities.

With seven billion people on the planet and more than half living in urban areas, cities face the enormous challenge of reconciling urban growth with a good quality of life. In China, there are already 657 cities, and 700 million Chinese people will live in cities by 2015. In response to this growth, cities throughout the world will have to massively invest in expanding their infrastructures. For Siemens, the addressable global markets for urban infrastructure investments total around 300 billion Euros a year.

Facing such good opportunity and also a big threaten, the investment to infrastructure may come as the prioritized issue. But postponing these investments or settling for half measures may well mean a significant loss in competitiveness and many cities cannot afford to lag behind. To meet the requirements, cities need to devise new financing programs, especially as central governments are increasingly unable and sometimes unwilling to shoulder the costs. Simultaneously, banks are growing ever more reluctant to extend loans for large infrastructure projects.

To assist our clients in the difficult quest for financing large public projects, Siemens Financial Services (SFS) has created a number of attractive financing models. Together with Siemens other sector experts and third party partners, SFS can know exactly city managers’ needs and priorities. So that it can work out the ideal financing situation for them.

"No other company has such a broad and comprehensive spectrum of offerings for cities than we do," said Mei-Wei Cheng, CEO Siemens North East Asia and President and CEO of Siemens Ltd., China. "In view of China's ambitious plan of sustainability, we intend to play a key role in this growth market and will grow strongly here by providing customized solutions to make cities of China more livable and eco-friendly."

“Siemens has been actively involved in public infrastructure projects for over 160 years in nearly every country the world has known.” Said Yang Gang, GM of Siemens Finance and Leasing Ltd.  “Our vast experience helps us guide you in the right direction, benefiting your coffers as well your city’s competitiveness on a global scale. Direct access to key Siemens markets and related industries means better qualified decision making and greatly increases the chances of devising a successful finance solution for your requirements. To most cities in China, Siemens should be your best partners thanks to its visionary insight, leading technology and products and innovative financing solutions. ”

Learn more about Siemens overall solutions, please visit:
https://w1.siemens.com.cn/news_en/news_articles_en/1896.aspx