China's energy transition: status, characteristics and outlook

As global attention to climate change intensifies, countries worldwide are accelerating their energy transitions. China, the world’s second- largest economy and the largest developing country, has made significant progress in this area. This article explores the current status of China’s energy transition, its characteristics, the role of green finance and the future outlook for the energy transition in China. The current status of China’s energy transition China’s progress in the energy transition is reflected in its installed capacity for renewable energy and power generation. China has maintained a leading position globally in these areas for four to five consecutive years, demonstrating substantial capacity for technological innovation and effective policy implementation. The renewable energy industry in China has become a notable aspect of the nation’s economic profile, garnering international recognition similar to that of China’s high- speed rail network. China has achieved global leadership in installed renewable energy