'Joint ventures' could help nation turn green

Chinese companies should set up "joint ventures" with technology groups in developed nations to pursue its aim of developing a "low-carbon" economy, a leading British economist has said.

Nicholas Stern, a former UK government advisor famous for his report on climate change, said this approach can help China benefit from energy efficient and environmentally friendly technologies developed in other nations.

Stern, now an economics and government professor at the London School of Economics and Political Sciences, spoke during an interview with China Daily on Friday when he met representatives from various fields in China to help facilitate the international climate change negotiation next year.