China has announced "Golden Sunlight Projects" in Beijing. This initiative is designed to make the country's solar market the largest one in the world.
The capital of one of the fastest growing economies in the world will soon be set up as the first solar city in China. Future plans to expand the "Golden Sunlight Projects" will depend largely on the success of Beijing's solar city efforts.
The growth of the country's solar sector will be managed by China Innovation Investment Limited. Few projects have already been approved and passed by the Beijing Municipal Commission of Development and Reform. The approved six major "Golden Sunlight Projects" are set to accelerate the development of new and improved solar systems, and market new energy products.