China has become the world’s first “electrostate”, where the economy and society increasingly rely on renewable energy instead of fossil fuels. In 2024, China produced 65 per cent of the world’s new solar and wind power. China aims to produce more than half of its electricity from renewables by 2030 and 75 per cent by 2040. This would strengthen China’s position as a global leader in clean technology and reshape the global energy economy as a whole.