China is accelerating its transition to green industries, positioning electric vehicles (EVs) as the primary catalyst for sustainable growth. The country has set an ambitious target of achieving a 45 percent market share for EVs by 2027, significantly ahead of its original goal of 40 percent by 2030.
This strategic pivot opens up a wealth of opportunities for a diverse range of companies. From upstream players like Eurasian Resources Group to automotive giants such as Volvo, and financial services leaders like Allianz, international firms are capitalizing on China's expansive green market.
In this edition of BizTalk, our reporters engage with representatives from these global companies to gather their insights and experiences. They explore how these firms are navigating the rapidly evolving landscape of China's green economy, contributing to and benefiting from the nation's push towards sustainability.
Reference(s):
cgtn.com