Overview

In 2020, China started the drive to commence a reduction in carbon emissions by 2030 and reach carbon neutrality by 2060, setting in motion a transition to a green, sustainable and clean economy. China has ambitiously developed clean energy alternatives to coal. This transformation encompasses multifaceted strategies ranging from investment in renewable energy and the development of low-emission technologies to more stringent policy regulations on emissions. Renewable energy sources like hydroelectric power, wind, solar and biomass have received substantial attention and investment, with China emerging as a global leader in renewable energy capacity. In the technology space, China's transitioning to electric vehicles (EVs) has catalysed the development of a robust EV market, fostering innovation in battery technology and charging infrastructure. China has now become the largest exporter of EVs in the world market. These developments have the potential to materially help curb the world’s carbon footprint and mitigate environmental degradation. Nevertheless, challenges persist domestically, including the need for grid modernisation to accommodate intermittent renewable energy sources and addressing the socio-economic impacts on coal-dependent regions. In the international market, China’s efforts towards a cleaner and more sustainable energy landscape have helped position it as a leader in sustainable economic development. This could enhance trade of green products, the development of global renewable energy and international investments in energy transformation. However, global trade and investment in green technologies and products are faced with rising geopolitical tensions and trade protectionism. This book discusses China’s achievements in its transition towards renewable energies and identifies new opportunities and challenges for deepening energy transformation in China.

Full Product Details

Author:   Ligang Song ,  Yixiao Zhou
Publisher:   ANU Press
Imprint:   ANU Press
ISBN:  

9781760467210

ISBN 10:   1760467219
Publication Date:   25 November 2025
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Available To Order  
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Table of Contents

List of figures List of tables Abbreviations Acknowledgements Contributors China's energy transformation: Experiences and outlook – Ligang Song and Yixiao Zhou China’s energy transition towards carbon neutrality: A multidimensional framework – Zhen Wang, Boshu Li and Yinghao Kong Striding over the next hurdle in China’s transition to renewable electricity – Haitao Yin, Boyu Liu and Feng Wang Mechanisms for inter-industrial collaboration in China’s energy transformation – Xiaoli Zhao, Chuyu Sun, Hongjun Zhang and Yarui Deng The rise of electric vehicles in China: Growth, challenges and future prospects – Shanjun Li, Ha Pham, Yuerong Wang and Lin Yang The European Union’s countervailing duties on electric vehicles from China: Disputes and prospects – ZhongXiang Zhang China’s green finance system: Policies, market and international role – Mengdi Yue and Christoph Nedopil China’s carbon emissions trend after the pandemic – David I. Stern China’s local government debt: Causes, consequences, characteristics, governance and suggestions – Yang Yao and Ling Yu From growth engine to fiscal drag: Rethinking China’s local government finance – Christine Wong National saving and macroeconomic imbalances in China – Weifeng Larry Liu, Ligang Song and Yixiao Zhou Rural transformation in the developing world and China’s strategic role: A cross-country comparative perspective – Moyu Chen, Xianneng Ai, Aizhao Wang and Yu Sheng Can China’s high growth continue? Considering global value chain reconstruction – Ran Wang, Jinjun Xue and Yang Zhou Index

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