China now accounts for over 40% of the world's new energy technology patents, solidifying its position as a global leader in renewable energy innovation, according to National Energy Administration head Wang Hongzhi. The announcement, made at a Tuesday press conference, highlights breakthroughs achieved during the 14th Five-Year Plan period (2021-2025).
Wang emphasized record-setting advancements in photovoltaic conversion efficiency and offshore wind turbine capacity, alongside China's rise to the top spot in new-type energy storage deployment. These developments position the country at the forefront of the global energy transition while creating opportunities for international collaboration.
For investors and businesses, the patent dominance signals China's growing influence in shaping green technology standards. Researchers note the data underscores Asia's accelerating shift toward sustainable energy systems, with implications for climate policy worldwide. The progress also resonates with diaspora communities tracking technological advancements in their homeland.
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China contributes over 40% of world's new energy patents: official
cgtn.com