Over the past 15 years, China has established itself as a global leader in the clean energy technologies and now leads energy transition progress across the Asia, according to World Economic Forum (WEF).
WEF in June this year released a new report titled Fostering Effective Energy Transition 2025 report which states that China showed high levels of readiness for the energy transition, backed by leading clean energy and industrial infrastructure, human capital, innovation and investment. The economy accounted for nearly 40% of the world’s clean energy investment in 2024.
China showed strong progress due to expanding renewable capacity and clean-energy technology production and diffusion. For the first time, the country’s CO2 emissions declined 1.6% y-o-y in the first quarter of 2025, 36 despite increasing energy demand, the report said. China has made significant progress in its domestic energy transition and is now the world’s largest investor in clean energy, said Gum Huay, Managaing Director at the World Economic Forum.
China has emerged as a central driver of global energy transition in view of its significant strides in renewable energy and its broader commitment to transforming its energy system, according to Nicholas Wagner, an energy expert with the World Economic Forum (WEF).
In a recent written interview with Xinhua, Wagner, manager of Energy and Industry Transition Intelligence at the WEF's Center for Energy and Materials, said China's recent progress in energy transition underscores both the scale of its commitment and its visionary long-term planning and investments.
China now leads the world in renewable energy capacity additions and is projected to account for about 60 percent of all new global capacity through 2030, said Wagner, citing the International Energy Agency (IEA). The Energy Transition Index, part of the Fostering Effective Energy Transition 2025 report released by the WEF, showed that China climbed five spots from the previous year to rank 12th out of 118 countries in 2025. It also placed fifth in transition readiness.
According to the white paper issued by China’s State Council, China has the world’s largest charging facility network, providing the most complete types of services covering the broadest areas.
By the end of 2023, there were 8,596,000 electric vehicle charging facilities across the country, of which 2,726,000 were public and 5,870,000 were private; the overall vehicle-charger ratio arrived at 2.37:1, the report says.
According to the report, China has explored innovative ways to use solar PV power and launched a number of “PV plus” models that integrate PV power generation with activities including agriculture, transport, and desertification control and prevention. These models broaden the potential uses of solar PV power and contribute to green development throughout society.
The large power station in Tunli Town, Linfen City, Shanxi Province, has an installed capacity of 30 MW. The station adopts a “PV plus agriculture” model and utilizes agrivoltaic farming, growing oil-yielding peonies in greenhouses fitted with power-generating solar panels to increase land use efficiency, the report further says.
Similarly, China has integrated traditional and new energy. PetroChina Jilin Oilfield has built a 150 MW wind and PV power project on the site of abandoned well stations and the surrounding vacant land, the report said.
Designed to supply electricity to the oilfield, this project is connected to the oilfield’s power grid nearby. In its first year of operation, it has generated a cumulative output of 380 GWh, meeting 22 percent of the oilfield’s electricity needs, according to the report.
