In a groundbreaking analysis, it has been revealed that clean-energy technology was responsible for over 10 percent of China's economic growth in 2024. This significant contribution came alongside impressive sales and investments totaling $1.9 trillion, marking a shift in the economic landscape of the nation.

The clean-energy sector has emerged as a dominant force within the Chinese economy, driving a quarter of the total GDP growth in 2024. Notably, clean-energy sales have now surpassed the value of traditional real estate transactions, underscoring a transformative shift toward sustainable industries.

A detailed sector-by-sector analysis conducted by the UK-based research organization Carbon Brief highlights the growing significance of clean technology in China. The study emphasizes the vital roles played by the 'new three' industries: solar energy, electric vehicles, and batteries, which are at the forefront of this economic transition.

In terms of financial input, China's clean energy investments reached an astonishing $950 billion in 2024, reflecting a year-on-year increase of 7 percent. This investment figure notably surpasses the entire GDP of countries such as Switzerland and Poland.

The clean energy sector's growth trajectory is remarkable, expanding three times faster than the overall Chinese economy. It accounted for an impressive 26 percent of the country's GDP growth during the year, overshadowing the contributions from real estate at $1.3 trillion and agriculture at $1.25 trillion.

Delving deeper into the clean-energy sector, electric vehicle production topped the list in terms of value creation. Other significant contributors included clean power production, rail transportation, electricity transmission and storage, as well as advancements in energy efficiency.