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2025/09/24 All News

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China's New Energy Industry Expands Rapidly: Why is the CCP Reducing Government Subsidies?

China

With China's traditional economic pillar—the real estate sector—slumping, local governments reliant on land sales for revenue and various related industries are facing mounting debt and operational difficulties. Amid this economic downturn, the new energy sector, including wind and solar power, has seemingly become a key focus of government policy support in recent years....

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