Part 5/8:
Over the past two decades, the Chinese government has invested heavily in research and development to become a leader in various green technologies. In 2023, China's investments in energy transition technologies surpassed those of other nations, allowing China to generate more than double the renewable energy of the U.S. Projects such as large solar thermal plants and advancements in consumer-friendly technologies have marked significant strides in making China a global leader in the renewable sector. China produces 80% of global solar panels, positioning itself as a dominant player with little international competition.