Want to hit it big in cleantech? Sign your Chief Financial Officer up for Mandarin lessons. “The hottest commodity today is a Chinese-speaking CFO with an MBA from an American school –- that person is worth a mint,” venture capitalist Steve Westly said this week at a conference sponsored by Silicon Valley law firm Cooley Godward, reports peHUB.
China offers a range of juicy opportunities for cleantech startups, driven in large part by what McKinsey & Company has described as “an extensive body of regulations and policies to raise the energy efficiency of many sectors,” helping to reduce the environmental consequences of rapid economic development and urbanization. Execs that can communicate with government officials and local partners in the country will have a distinct advantage in the race to meet demand for technologies that boost efficiency, reduce greenhouse gas emissions and other pollution, and help manage waste.
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