Clean Energy contributed to China's 10% gross domestic product record in 2024, the analysis found.
With sales and investments of 13.6tn Yuan (£1.5tn; $1.9tn), the sector has overtaken value real estate sales.
Solar power generation, electric vehicles (EVs) and batteries have all played a major role in the dramatic growth of China's clean technology.
Carbon Briefs, which conducted analysis based on official figures, industry data and analyst reports, said they used a broad definition of “clean energy” sectors, including renewable energy, nuclear, power grid, energy storage, EVS and rail. I did.
EVS and vehicle batteries were the biggest contributors to China's clean energy economy last year, accounting for an estimated 39% of overall value.
Simon Evans of Carbon Brief said: “China has been investing heavily in these sectors for a while. Perhaps the pace of things and things have surprised people, but China has been developing the electric vehicle industry for a long time.
“We are deliberate and strategic for a variety of reasons, including the fact that China is a major oil importer and wants to improve the balance between energy security and payments by not having to import oil to drive cars. It's movement.”
Whether the clean energy sector continues to boom will depend on new goals and policies in China's economic and social development plan for the next five years, which will take effect in 2026.
Evans said China is likely to continue growing clean energy despite global events. China is already at COP29 [last year’s UN climate conference] It made it very clear that it was planning to continue doing what it was doing.
“They do this not because they think it makes economic sense, not because they invested a huge amount in building these industries. They're not going to turn back just because Trump says he doesn't believe in climate change.”
