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"China is continuously launching a series of policies to increase efficient investment and household consumption and has implemented tax and fee cuts. A combination of these measures has boosted market confidence," said Peng.

"China has taken several steps since the Paris Accord was signed in 2015, which makes it clear it is trying to surpass the goals it has set. Clean energy transition in a country that is as large, with as much heavy manufacturing and diversity as China, is a challenge," said Jackson.

"But these are not normal times," he said.

"China is one of the most dynamic markets, where enterprises are aggressively pushing forward digital transformation, creating abundant growth opportunities," Crozier said.

"China has seen fast progress in power supply since reform and opening up. Yet the time needed for getting electricity and the accessibility still fall short of expectations, due to both institutional issues and inefficiency in the power system," Li said, "Power supply is critical to industrialization and rural modernization."