China's green transition opens new opportunities for multinationals in solar, NEVs, and low-carbon industry
indiasnews.netChina's 15th Five-Year Plan (2026-2030) is accelerating the country's green transition across industry, transport, and energy. Multinationals like BASF, Schneider Electric, and Siemens are expanding low-carbon operations in China, sourcing renewable electricity and deploying smart energy solutions. The NEV sector is shifting toward intelligent vehicles, with suppliers like ZF Group partnering with Chinese firms to scale green technologies. The article highlights how China's vast market and complete industrial chains make it a global hub for green tech R&D and deployment. German environmental firm Strabag Umwelttechnik sees opportunities in biomass and organic waste treatment. As China pushes high-standard opening-up, multinationals are encouraged to participate in green development and share innovations worldwide, creating new investment growth drivers.
