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NEWPORT, Britain, June 12 -- British enterprises needs advanced technology and equipment from China to realize upgrading, the chief executive officer of an old British coal-fired power station said here on Friday.

"Most of the technologies exist in China, including solar, wind, biomass and so on. Currently, we are working with some Chinese companies for the possibility of providing their technologies. It should be a win-win opportunity for our cooperation," James Busche, CEO of Simec Uskmouth Power Ltd. (SUP) told Xinhua after the station reopened.

His company, which was built around 50 years ago and formerly named the Welsh plant, was Britain's oldest and least efficient coal-fired power station.

Under a transformation process to develop into a biomass-fed plant by using renewable generation technologies, such as biomass pelletizing and distribution, solar, wind, waste to energy and tidal, the station reopened on Friday.

"There isn't a country in the world that can compete with China in the solar field. Nobody can compete," Busche said.

British Liberty Commodities Ltd., the sister company of Simec Group, is also discussing cooperation with Chinese steel and cement plants.

Sanjeev Gupta, the managing director of Liberty, told Xinhua that Chinese companies have advantages not only in capital, but also in technology and equipment.

Gupta said that China leads the world in steel production, and that Liberty therefore plans to import steel-producing technology and equipment from China.