From an economic perspective, the booming development of China's new energy industry has a driving effect on global economic growth and green transformation that cannot be ignored.

China's new energy industry has become an important engine for global economic growth. With technological progress and the expansion of industrial scale, China's new energy industry not only meets the growing domestic demand for clean energy, but also promotes the optimization and upgrading of the global energy structure through technology exports, product trade and investment cooperation, injecting new vitality into global economic growth.

The main reason why China's new energy industry has strong market competitiveness is that it has seized the favorable opportunity of a new round of technological revolution and industrial transformation and carried out high-level disruptive innovation. According to the innovation theory of the famous economist Schumpeter, this kind of disruptive innovation will produce a kind of creative destruction to the original system, that is, to promote new products, new technology routes, and new organizational methods to replace old products, old technology routes and old organizational methods. This kind of creative destruction often requires getting rid of dependence on traditional technology paths, so it often gives rise to a group of emerging companies to replace traditional companies, so the core advantage of China's new energy production capacity is the advantage of technological innovation. The reason why new energy vehicles and other products are trusted by developed economies and global consumers is that under the influence of this disruptive innovation, the technology and design concepts of related products are more in line with the personalized and green needs of consumers around the world. Therefore, China's new energy production capacity is a high-quality green production capacity that has gradually developed under the effective role of the market mechanism in the process of global benign competition and cooperation. To a certain extent, it has led the future development direction of related industries.

The development of China's new energy industry has promoted the process of global green transformation. In the context of increasingly severe global climate change and environmental problems, new energy, as a green and low-carbon energy form, is of great significance for achieving sustainable development. The rise of China's new energy industry has not only driven the development of the global new energy industry chain, but also promoted the innovation and application of green technology and green industry, providing strong support for global green transformation.Editor/Zhang Liyuan