>>fund manager, jeremy higgs also points out that china attracts more clean energy inward investmentthan any other country. >>this is a progress, not an event. that it will take time, but the trend and the direction is certainly from high carbon economic growth to low carbon economic growth. and this has the full attentionand the full support of the leadership and of the government. >>reporter: new policies, due in the autumn, are expected to set more rigorous carbon standards for new industrial parks - and demand upgrades to old industries by 2020. operators of older facilities face costly upgrades. but for the green tech industry, this will further expand the market. >>as will the planned introduction of carbon emissions trading - where companies that exceed proposed new emission limits can buy unused allowances from cleaner companies. one sure way to reduce emissions is to make them expensive. >>as an economist, i think, you have to change the incentive. china has to raise energy price; has to raise environmental tax and has to raise resource tax. so that that economic incentive will