China to invest £291bn in renewable energy to combat pollution
Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy China has announced it will invest 2.5 trillion yuan in renewable energy by 2020 as it continues with its plan to move away from burning coal. The announcement comes after China's National Development and Reform Commission said that solar power would receive a trillion yuan in funding – the equivalent of 1,000 major solar power plants, according to experts’ estimates. China, regarded as the world’s largest energy market, has moved heavily towards renewable energy in the past few years as its increasingly wealthier population has called for better standards of living. It was the first time the alert had been issued since the central government introduced the colour-graded warning system as part of attempts to crack down on the problem, with air pollution soaring in recent years partly because of the coal power plants built as China's economy rapidly expanded.
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