China has become a major investor in the global renewable energy sector , having pumped $ 44bn into new energy technology and resources last year up from $ 32bn in 2016 , according to figures from the Institute for Energy Economics and Financial Analysis ( IEEFA ) . Private and state - owned Chinese companies are capitalising on the rapidly growing renewable energy sector , while China 's global leadership in that category aligns with the country ’s ambitions to boost its worldwide economic influence . Although investment has increased in countries linked to its Belt and Road System , most of China 's renewable investments are outside those areas .
China has become a major investor in the global renewable energy sector, having pumped $44bn into new energy technology and resources last year up from $32bn in 2016, according to figures from the Institute for Energy Economics and Financial Analysis (IEEFA). Private and state-owned Chinese businesses are capitalising on the rapidly growing renewable energy sector, while China's global leadership in that category aligns with the country’s ambitions to boost its worldwide economic influence. Although investment has increased in countries linked to its Belt and Road initiative, most of China's renewable investments are outside those areas.