Note: This article was originally published in Nikkei Asian Review on 17 September 2019. ERIA's Senior Energy Economist, Dr Venkatachalam Anbumozhi, is the author.

China is leading the world in clean-energy production -- especially wind and solar. As of early 2019, China owned six of the world's 10 largest solar module manufacturing companies. In 2018, it installed half of all new global solar power capacity, according to the International Energy Agency. (Read the full article by using the link above).