Chinese enterprises urgently need a new solution under the special international
economic situation. Since Aug. 16th 2024, the EU has introduced the
anti-dumping duty policy whose tax rate is up to 36.4% against Chinese
biodiesel imports.
Chinese companies are facing serious challenges due to the impact of international
policy changes, especially in Europe and increasing competition in the global
industry, The demand of SAF and Ship-Biofuel will continue to increase after
the development of the Road Biofuel utilization,and it will be estimated that
65% of the aviation industry's carbon reduction by 2050 will need to be
accomplished by SAF utilization.The utilization of alternative fuel or
zero-carbon emissional marine fuel will be
significantly increased by 2030.
GBF organizing committee will hold "2024 11th Global Biofuel Focus "on November 26th to 28th for seeking
breakthroughs, promoting the development of industry and timely realizing the
current domestic and foreign policy changes, technology and products such as
innovation.The summit
will invite industry associations experts, business leaders, heads of institutions
and so on from China, the EU, Southeast Asia, Japan and South Korea, etc.,They
will share the latest situation in the fields from domestic and foreign policy
analysis, trade situation analysis, industry standards and industry
development, technology innovation, and other industries.They will also discuss
the methods of achieve toughness growth of the Chinese biofuels industry.