China’s energy-saving policies create a 30,000 million yuan market for energy-saving companies, the Economic Information Daily reported.   “Industry is the biggest energy consumer, consuming 70 percent of the country’s energy,” said Shen Longhai, an official with the China Energy Conservation Association, “the potential of energy conservation is 3600 million yuan.”   According to the vice-minister of the Ministry of Construction, Qiu Baoxing, the energy conservation market of the construction sector is even bigger. China currently has 400 million sq. meters of architecture and at least one third needs to have energy conservation facilities rebuilt.  If each sq. meter costs 200 yuan for such construction, this market would worth 26,000 million yuan.   Zhou Dadi, a senior official with the energy research institute of the State Development and Reform Commission, said that domestic and foreign energy conservation service providers like Beijing Shenwu, Hebei Chaomei Technology, German Siemens, Dutch Philips, British Powerboss as well as Honeywell Censor and Automation have already started their business development engines to obtain a share of the huge market.   Foreign energy conservation providers such as Powerboss have established a local manufacturing facility in China and strengthened control over domestic companies as well as ventures. Powerboss started research and development processes on new energy-saving products to target different energy-saving plans of companies such as Sinopec.   “China’s energy conservation market is big but it is difficult and challenging to obtain a stable share of the market,” said the general manager of Hebei Chaomei Technology, Liu Zhongli, “The official energy-saving goals require energy conservation service providers need to rely on hardcore energy conservation products to develop the market.”