China records surge in clean technology exports amid high energy prices

China is exporting record amounts of clean energy technology and equipment as energy costs rise following the war in Iran. Euronews reported that a report published on October 29 by the Centre for Research on Energy and Clean Air, a research group based in Finland, shows clean technology is growing much faster than previously predicted. [1]

The research group calculated that the clean technology exported by China in 2026 will prevent about 450 million tonnes of carbon dioxide emissions every year once deployed. According to Euronews, this total reduction is roughly equal to the annual emissions of Brazil and could eventually cut emissions by 8,400 million tonnes. [1]

China operates a socialist market economy with strategic five-year plans and possesses the second-largest economy in the world by nominal gross domestic product. As FTMQ News reported earlier, Chinese third-quarter economic growth reached 4.5 percent, supported by strong foreign demand for technological products that offset lower domestic demand. Earlier European Parliament visits to Beijing also focused on trade imbalances caused by cheap Chinese exports. [2][4][5]

The increase in clean technology deployment comes ahead of annual United Nations climate talks scheduled for November in Türkiye, where electrification will be a primary topic, Euronews reported. [1]