日期:2024-03-06 09:05


As a pioneer in resource conservation and environmental protection policies, China has taken significant strides in sustainable development. Being the world's largest developing nation, China is crucial in achieving the UN's Sustainable Development Goals by 2030.


Last year, clean energy accounted for 40 percent of the country's economic growth. In 2023, China's gross domestic product received a record contribution of 11.4 trillion yuan ($1.6 trillion) from the clean economy, marking a 30 percent increase from the previous year. The growth and investment were mainly driven by solar power, the production of panels, electric vehicles, and batteries.


The Chinese government has consistently implemented crucial measures to facilitate smoother access to capital markets and credit for clean technology manufacturing companies. A noteworthy aspect was that private companies started joining this economic sector. This remarkable fact highlights a positive trend in transforming the national economy. By effectively managing production processes and organizing sustainable supply chains, the private sector will be able to serve both domestic and international markets much better.


The boom in clean technology investment has reinvigorated China's now famous large-scale investment model. By all accounts, this area will continue to grow steadily for many years.


In recent years, China has made significant strides in advancing clean energy technologies, investing heavily in modern technology and production. At the UN COP28 summit held in December, Beijing and more than 120 countries announced their ambitious goal of tripling its renewable energy production capacity soon. This move is expected to bolster further efforts to develop and finance clean energy projects in the country and abroad, positively impacting humanity and the planet.


The country's development and utilization of advanced technologies in manufacturing components for clean energy have resulted in a significant and rapid drop in global prices. In a single year, the cost of solar panels decreased by an unprecedented 42 percent. Battery prices also fell a staggering 50 percent.

中国开发和利用先进技术制造清洁能源组件,促进全球价格大幅快速下调。仅在一年内,太阳能电池板的成本就下降了42%。电池价格也下降了 50%。

China is redirecting its investments towards the manufacturing of clean technology. This landmark achievement marks a new era of growth, presenting vast opportunities for investors and businesses.


China has committed to reaching peak carbon emissions before 2030 and achieving carbon neutrality by 2060. This commitment has helped to mobilize state institutions, boost the confidence of businesses, raise public expectations, and serve as a critical policy decision for expanding and accelerating green development efforts.


It could be argued that the political, economic, environmental, and publicity factors encouraging the speedy development of clean energy intersected with a surge in demand driven by market forces, reduced costs and increased competitiveness of low-carbon technologies compared to fossil fuels.


Thanks to bold and decisive measures to recalibrate economic policies, the country has undergone a timely transition to an economic development model centered on investing in clean energy. The effectiveness of China's governance model, which prioritized long-term planning and the nation's unity in achieving crucial development goals, has again shown its efficiency.


编辑:董静 审核:陈丹妮 韩鹤