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China Daily / 2022-08 / 08 / Page014

Overseas investors find sweet spots in China's green transition

China Daily | Updated: 2022-08-08 00:00

BEIJING-Foreign enterprises have ridden the wave of China's green transition over the past decade, as the country's long-term pursuit of low-carbon and sustainable growth nurtures new business opportunities.

From announcing "dual carbon "goals to advancing its national carbon market, China's concrete efforts toward green development help energize related sectors, including the low-carbon transformation of traditional industries, new energy vehicles, a circular economy and green finance.

"China's carbon emissions peak and carbon neutrality goals point the way for future development, providing us with a broader platform and new opportunities," Yin Zheng, executive vice-president of Schneider Electric and president of Schneider Electric China, told Xinhua News Agency in an interview.

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