Chinese firms pledge billions of dollars in clean technology investments

(MENAFN) Chinese companies have pledged $80 billion in overseas investments in clean technology since last year, according to a report released Monday by the Australian research group Climate Energy Finance (CEF).

The report highlights that in the October 2024–25 period, China’s position as a global leader in clean-energy manufacturing and infrastructure was further consolidated, with disclosed investments spanning 26 countries.

Southeast Asia continues to serve as the primary manufacturing hub, led by Indonesia and Malaysia, reflecting the region’s growing economic integration with China. Europe attracted the most battery-related investments, while the Middle East and North Africa recorded the fastest growth.

CEF noted that China’s overseas investments are increasingly large-scale, multi-phase projects, with cleantech becoming central to the country’s economic and geopolitical strategy. The report emphasized Beijing’s use of the Belt and Road Initiative to strengthen partnerships with Global South countries and expand geopolitical influence.

The report also pointed out that US tariffs under President Donald Trump have heightened uncertainty, prompting Chinese firms to focus on market diversification and investments in countries unaffected by these tariffs.

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