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Now on a new road, the old engine needs replacing. A new engine will be fueled by "innovation." It comes from emerging industries and new businesses.

While refraining from disclosing the value of the contracts, Enersize's CEO Sami Mykkanen said his company has helped BOE to save 13 percent of energy consumption equal to 3.7 million yuan (587,300 U.S. dollars), and the next target is 25 percent of energy saving equal to 7.1 million yuan (1.12 million U.S. dollars).

In an instruction on the issue, President Xi Jinping asked authorities to uphold the concepts of innovation, coordination, greenness, openness and sharing in the urbanization process.

Noponen believes the new five-year plan for China's socioeconomic development in the 2016-2020 period will lead to higher demand for energy efficiency, a situation the companies like Enersize can continue to benefit from.

"All parties have a responsibility to maintain peace and stability on the peninsula," Hong said.