Inside China’s shift to a low-carbon economy — what it means for business

shanghai

Shanghai at night. Credit: Shutterstock/fuyu liu

China’s announcement of how it plans to reduce its greenhouse gas (GHG) emissions represents the clearest signal to date that a major structural shift away from carbon-intensive development is underway in the world’s second-largest economy.

…The private sector is key to delivering on this vision, and the Chinese government’s announcement is likely to have far-reaching impacts on commercial interests in China. Companies operating in China — whether domestically owned, state owned or multinational with supply chains in the country — will need to grapple with these new policies.

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