China's green capacity brings opportunities for developing countries' industrialization : vimarsana.com

China's green capacity brings opportunities for developing countries' industrialization

China has emerged as a global leader in the production of green and new-energy products, marking a significant milestone in its economic transformation. With exports of new-energy vehicles (NEVs), solar cells and lithium-ion battery products surpassing the 1 trillion yuan (138 billion) mark in 2023, the country has positioned itself at the forefront of the green industry revolution. This growth in emerging industries not only reflects China's commitment to sustainability but also presents numerous opportunities for developing countries seeking to accelerate their industrialization and participate in the global energy transition.

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