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How China’s green tech could boost its global finance ambitions

Clean tech leadership will help Beijing’s financial agenda, says former central bank chief economist

Nihao from Shenzhen, the one-time fishing village that is now a heaving metropolis of 18mn people and perhaps the most vivid embodiment of China’s astonishing economic transformation over the past four decades.

I’m in China for two weeks to get a closer look at the country’s green energy sector, which dominates much of the market in low-carbon technologies. What happens here will have a crucial bearing on the world’s chances of cutting emissions and bending the curve of global temperature rise.

I’ll have updates from my visits here in the next three newsletters. Today: can China use its green tech leadership to make itself a global financial power, and accelerate the energy transition in the process? Ma Jun, former chief economist at the People’s Bank of China, makes the case.

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