China's "green power" economy

China has invested heavily in environmentally-friendly sectors to achieve sustainable development by boosting green economy despite the financial crisis which has gravely strained liquidity.

In fact, a green strategy is being materialized in China. In China's 4 trillion yuan (US$525.28 billion) stimulus package, 580 billion yuan (US$84.87 billion) would go to green projects like energy-efficient and pollution-control programs, ecological approach and technological innovations to fight climate change.

Through years of green endeavors, China has surpassed some advanced nations in such areas as wind and solar power.

China outnumbered the United States in new wind turbines built in the first half of 2009.

China's wind industry installed about 4.5 gigawatts of new power generating capacity through the first half of this year, while the United States added 4 gigawatts.

China has made equally impressive headway in solar industry. It took up about one third of global solar cell production in 2008 while Europe's share declined to about a quarter.

Some analysts believe China is creating more "green collar" jobs than ever by adopting green strategy. With vigorous growth in both production and application of environmentally-friendly devices, China is becoming a green contributor to the world.

And China's achievement in developing green economy deserves recognition.