How China’s Industrial Policy Accelerated Its Green Tech Economy’s Growth

Sichuan houses the largest clean energy industrial cluster - and it’s a result of industrial policy. Local government officials carefully selects the companies to complement the industrial chain, creating an ‘assembly line’ where an upstream company’s products will feed into a downstream company’s needs in a neighbouring city. 00:00 World’s largest hybrid solar-hydro plant 01:23 Impact of China’s industrial policy 03:32 Creating an ‘assembly line’ across Sichuan’s cities 04:14 Linking supply chain networks in China 05:20 Can Western countries de-risk from China’s green tech? China’s clean energy sector was biggest driver of 2023 GDP growth. By one calculation, the industry’s contribution to the Chinese economy rose 30% year-on-year to 11.4 trillion yuan (US$1.6 trillion) in 2023. WATCH MORE When Titans Clash Part 1: China vs The West: Does Trade War Spell End To Made-In-China Goods? : Part 2: New Economi