The development of wind energy in China

Over the past 20 years, China has gone from being a country taking its first steps in wind energy to the position of a global leader in the field. The purpose of this article is to describe the factors that have determined the success of China’s renewable energy policy. The descriptive method, comparative analysis, and a case study were used to verify hypotheses. The results of the analysis showed that the success of China’s policy in the wind-energy sector was determined by such factors as prioritizing renewable energy in economic policy, setting specific goals for this policy, building entire business ecosystems in wind energy, ensuring a wide stream of financing, and constant introduction of innovations thanks to investments in R&D and human capital.

Over the past 20 years, China has gone from being a country taking its first steps in wind energy to the position of a global leader in the field. The purpose of this article is to describe the factors that have determined the success of China’s renewable energy policy. The descriptive method, comparative analysis, and a case study were used to verify hypotheses. The results of the analysis showed that the success of China’s policy in the wind-energy sector was determined by such factors as prioritizing renewable energy in economic policy, setting specific goals for this policy, building entire business ecosystems in wind energy, ensuring a wide stream of financing, and constant introduction of innovations thanks to investments in R&D and human capital.