Türkiye, China Strengthen Green Technology Cooperation at Istanbul Forum
(MENAFN) Government representatives and business executives from Türkiye and China met in Istanbul on Monday to explore new opportunities for economic collaboration, with a particular focus on sustainable development and technological innovation.
The Türkiye-China Green Development Business Forum was jointly organized by Türkiye's Foreign Economic Relations Board (DEIK) and the China Council for the Promotion of International Trade (CCPIT). The gathering was attended by Turkish Vice President Cevdet Yilmaz and Chinese Vice President Han Zheng.
Other participants included Turkish Industry and Technology Minister Mehmet Fatih Kacir, Trade Minister Omer Bolat, CECEP Chairman Liao Jiasheng and CCPIT Chairman Ren Hongbin.
Speaking during the opening session, DEIK President Nail Olpak highlighted the economic strengths and development progress achieved by both countries, describing Türkiye and China as important players in the global economy.
"China is a leader in green technology, while Türkiye is a country that can become a production and export hub for these technologies through its proximity to Europe and the Customs Union," Olpak said.
He called on the two countries to combine their respective advantages and make better use of their complementary economic capabilities, particularly as international competition intensifies and uncertainty increases.
Olpak also emphasized the importance of narrowing the imbalance in bilateral trade to ensure a more sustainable economic relationship. He said Chinese investment in advanced technologies, together with incentives offered through Türkiye's HIT-30 program and the Istanbul Finance Center, could contribute to achieving this objective.
Discussing the Belt and Road Initiative and the Middle Corridor, he said Türkiye wants to contribute more actively to ensuring that cargo containers traveling along the route are filled for their return journeys.
Olpak further announced that DEIK intends to bring together Turkish and international companies during the COP31 process, creating opportunities for cooperation in fields including renewable energy, sustainable infrastructure and artificial intelligence (AI).
Aydin Mistacoglu, chairman of DEIK's Türkiye-China Business Council, said the main objective is to translate the economic opportunities between the two countries into practical initiatives, reciprocal investments and lasting business relationships.
"Today, we are advancing our cooperation with a focus on green development and can develop joint projects in renewable energy, energy storage, electric mobility, and low-carbon industry," Mistacoglu said.
He also revealed plans to establish a Türkiye-China Technology and Innovation Center with assistance from CCPIT. The proposed institution would provide a long-term framework for exchanging technological expertise, conducting joint research and development, and encouraging investment partnerships.
Mistacoglu added that both parties had agreed to organize the fourth Türkiye-China Business Conference in Beijing during the first six months of 2027, with CCPIT serving as the host.
The Istanbul forum also included panel sessions examining green energy supply chains and the balance of trade along the Middle Corridor. The event concluded with business-to-business meetings aimed at developing further commercial partnerships.
The Türkiye-China Green Development Business Forum was jointly organized by Türkiye's Foreign Economic Relations Board (DEIK) and the China Council for the Promotion of International Trade (CCPIT). The gathering was attended by Turkish Vice President Cevdet Yilmaz and Chinese Vice President Han Zheng.
Other participants included Turkish Industry and Technology Minister Mehmet Fatih Kacir, Trade Minister Omer Bolat, CECEP Chairman Liao Jiasheng and CCPIT Chairman Ren Hongbin.
Speaking during the opening session, DEIK President Nail Olpak highlighted the economic strengths and development progress achieved by both countries, describing Türkiye and China as important players in the global economy.
"China is a leader in green technology, while Türkiye is a country that can become a production and export hub for these technologies through its proximity to Europe and the Customs Union," Olpak said.
He called on the two countries to combine their respective advantages and make better use of their complementary economic capabilities, particularly as international competition intensifies and uncertainty increases.
Olpak also emphasized the importance of narrowing the imbalance in bilateral trade to ensure a more sustainable economic relationship. He said Chinese investment in advanced technologies, together with incentives offered through Türkiye's HIT-30 program and the Istanbul Finance Center, could contribute to achieving this objective.
Discussing the Belt and Road Initiative and the Middle Corridor, he said Türkiye wants to contribute more actively to ensuring that cargo containers traveling along the route are filled for their return journeys.
Olpak further announced that DEIK intends to bring together Turkish and international companies during the COP31 process, creating opportunities for cooperation in fields including renewable energy, sustainable infrastructure and artificial intelligence (AI).
Aydin Mistacoglu, chairman of DEIK's Türkiye-China Business Council, said the main objective is to translate the economic opportunities between the two countries into practical initiatives, reciprocal investments and lasting business relationships.
"Today, we are advancing our cooperation with a focus on green development and can develop joint projects in renewable energy, energy storage, electric mobility, and low-carbon industry," Mistacoglu said.
He also revealed plans to establish a Türkiye-China Technology and Innovation Center with assistance from CCPIT. The proposed institution would provide a long-term framework for exchanging technological expertise, conducting joint research and development, and encouraging investment partnerships.
Mistacoglu added that both parties had agreed to organize the fourth Türkiye-China Business Conference in Beijing during the first six months of 2027, with CCPIT serving as the host.
The Istanbul forum also included panel sessions examining green energy supply chains and the balance of trade along the Middle Corridor. The event concluded with business-to-business meetings aimed at developing further commercial partnerships.
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