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China leads world in green tech

Liau Yun Qing, ZDNet Asia | May 9, 2011 8:25 AM PDT

Summary

China's green tech industry raked in $63.9 billion last year, making the Asian giant the world's leading green IT producer in terms of revenue.

China's green tech industry raked in $63.9 billion last year, making the Asian giant the world's leading green IT producer in terms of revenue, according to a study released Monday.

The study, commissioned by the World Wildlife Fund for Nature (WWF), also revealed that the China ranked second only to Denmark in terms how much the green technology sector contributes to a country's gross domestic product (GDP). This market segment contributed 1.4 percent of China's GDP, compared with Denmark's 3.1 percent where the green tech industry generated revenues totaling 6.5 billion euros $11.7 billion, noted the study.

WWF economist Donald Pols notes that green IT growth in the U.S. has been substantial, at 28 percent per year, since 2008 but cannot compared with China where climate change is not an ideological issue but a fact of life. He noted that the U.S. green tech market generated revenues worth $56.7 billion and was ranked 17th worldwide in terms of the market's contribution, at just 0.3 percent, to the country's GDP.

For more on this story, read China top in green tech money on ZDNet Asia.

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RE: China leads world in green tech
hunters.geeorge 12th Oct
Is this true? I agree, pollution in China is worst than I can imagine. Maybe house values there are really low. Not like in apartments rent and hotels in Quebec City.
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What a joke
ScorpioBlue Updated - 9th May 2011
I've been told you can't even walk down the streets of Beijing without wearing a mask due to all the air pollution.

The WWF doesn't know what it's talking about.
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RE: China leads world in green tech
SlithyTove 9th May 2011
@ScorpioBlue

Actually it is dead on. China is the worlds leading producer of green tech.

The article never stated it was the worlds leading CONSUMER of green tech.
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Yeah that's totally way over exaggerated. Probably by a bunch of people who's never been there but like to bash China.

I visit maybe once every 1 or 2 years. Its not anywhere close to what some westerners say.
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RE: China leads world in green tech
ScorpioBlue 9th May 2011
The article never stated it was the worlds leading CONSUMER of green tech.

And that's the biggest joke of it all.

more lol...
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Ha...China is killing the environment to be the world leader in green tech....that is priceless!
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They're so bad now, the only way left to go is up
Bill Pharaoh Updated - 9th May 2011
in terms of "going green"
You can't buy the models of inefficient coal burning plants they've been using anymore!
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RE: China leads world in green tech
hunters.geeorge 12th Oct
Is this true? I agree, pollution in China is worst than I can imagine. Maybe house values there are really low. Not like in apartments rent and hotels in Quebec City.

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