Nation driving global green investments

Over past decade, China's share of world's clean energy capital has surged from one-quarter to one-third, underpinned by solar, wind, hydropower, nuclear, batteries and electric vehicles

China is cementing its position as the dominant force in global clean energy investment, driving down equipment costs and playing a pivotal role in the worldwide shift toward sustainable energy, according to a report released recently by the International Energy Agency.

Over the past decade, China's share of global clean energy investment has surged from one-quarter to one-third, underpinned by strategic investments in a wide range of technologies, including solar, wind, hydropower, nuclear, batteries and electric vehicles.

Its vast supply chain system has also significantly contributed to a rapid decline in global clean energy equipment prices, the report noted.