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China's green transition key economic driver, World Bank says

Updated: Feb 11, 2022 chinadaily.com.cn Print
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Though China's green transition will not be easy, it offers plenty of opportunities and could be a significant economic growth driver, Ibrahim Chowdhury, World Bank's acting lead economist for China, said at the CEO: Growing with China event.

China's targets to peak carbon emissions by 2030 and achieve carbon neutrality by 2060 are well aligned with its high-quality development goals, spawning ample opportunities in areas such as low-carbon technologies, electric vehicle supply chains, renewables and green services, Chowdhury said.

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