Mar 2, 2021 LONDON – China, which long targeted rapid industrial growth despite its environmental consequences, now aims to become the global leader in “low-carbon tech for a carbon-constrained world” as it unveils its new five-year plan this week, analysts say. That shift is likely to include an accelerated pullback from its role as a major financier of new coal-fired power plants at home and abroad, Isabel Hilton, founder of China Dialogue, a nonprofit news organization, told an online event on Monday. China is today the world’s largest emitter of planet-heating gases, responsible for about 28% of total global emissions. Its 2021-2025 economic and social development plan is expected to reinforce a strong signal to Chinese industry to move away from fossil fuels and is likely to mean national emissions start falling within five years, predicted Li Shuo, a senior policy adviser for Greenpeace East Asia.