The trend of a global, low-carbon economy provides a great opportunity for the development of emerging industries, and in turn those industries will boost the economy, experts and entrepreneurs said at the 1st World Emerging Industries Summit on September 1.

Zheng Xiongwei, an economist and the global executive chairman of the Asian-Pacific CEO Association (APCEO), said China is increasing its efforts in upgrading traditional industries while developing emerging industries and improving its modern industrial system.

"It's time for all countries to join hands and promote emerging industries," he told China.org.cn. "In fact, the low-carbon economy calls for new industries, like wind, solar electricity, and biomedicines — they can boost the development of our economy."

He said this summit will help China as well as other countries to maintain stable and moderate economic growth, push the transformation of development mode, and enhance international cooperation.

Former French Prime Minister Dominique de Villepin stressed that because of shortages in energy supplies and commodities the current model of global development is dead, which is causing massive damage to the environment.

The solutions require more efforts to develop and enhance green technologies. He said that renewable energies are one aspect along with fast development of wind and solar power around the globe.

The former prime minister said, "Traditional energy sources are now concerned by green technologies. For example, clean coal technologies are a key to power production in many emerging countries as it is the case in China."

He added that the shift from a low wage, export-oriented and resource intensive economy – as is the case today in China and for the previous thirty years – to a high-level, high-wage, resource-sparing economy should be the focus of all governments around the world.

De Villepin added, "It cannot be achieved automatically, and this is the main challenge for China as well as for the world."