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China's Clean Energy Boom: A Game-Changer for the Global Economy
Feb 21, 2025
China is transforming the climate challenge into an economic opportunity, with clean energy technologies surpassing 10% of its GDP for the first time in 2024, according to a new Carbon Brief analysis.
Key Insights:
- Clean energy investments reached Rs16,530,000 crore – surpassing real estate sales in value.
- 26% of GDP growth in 2024 came from clean energy sectors.
- Investment in clean energy (8,178,000 crore ) rivaled global fossil fuel investments.
- EVs, batteries, and solar dominated – generating 75% of value-added contributions.
- Without clean energy, China’s GDP growth would have been 3.6% instead of 5%.
Looking Ahead: 2025 & Beyond
- Major renewable energy projects are expected to accelerate before the 14th Five-Year Plan (2021-2025) ends.
- Further global leadership in EVs, solar, and battery manufacturing.
- A potential slowdown in investment growth after years of rapid expansion.
China's success in scaling clean energy is reshaping the global energy landscape, offering valuable lessons for other nations looking to balance economic growth with sustainability.