China Boqi gained technology and in turn pays the basic education fee and also a royalty of a certain percentage of sales. Profit sharing can be one issue for technology transfer between developed and developing countries, but this could have been one of the better ways of realizing a win-win situation. And the impact on environment is huge. If China Boqi completes all of the 50 project in process, a total of 2,500,000 t of sulfer can be eliminated annually. Well this will be a big difference for not only the Chinese but also for Japan, since the air pollution of China is directly affecting the lives in Japan.
China Boqi is now broadening its domain to “Environment preservation” (desulfurization, trash-to-energy and water treatment) and “New energy” (using surplus energy and low-graded coal). The reason they went on market in Japan instead of China was “because we want to make partnership with more Japanese companies (Dr. Miyanaga), and our market is not limited to China”. Innovation is their KSF, with average age of 32 and 6 doctors, numerous master degree holders. Dr. Miyanaga says they are willing to feed back new technologies based on the Japanese tech to their teachers. China Boqi can be one example for companies to transfer older technologies from Japan, innovate, and create a circle of technology and business.
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