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OverviewAPI
China's remarkable industrial-technological breakthrough in solar energy has led to a 200 GW solar generating capacity and 300 GW solar manufacturing capacity in 2023, contributing to 40% of its GDP growth. President Xi Jinping aims for carbon neutrality by 2060, with plans to triple renewable energy output by 2030. The rapid buildout of solar and storage technology has made solar energy cheaper than coal, with lithium and sodium ion batteries becoming increasingly competitive. China's renewable capacity is projected to plateau around 2030, potentially leading to significant economic transformations such as mass desalination and indoor crop production.

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