"Achieving carbon neutrality may need trillions of yuan in investment and decades of continuous effort,” Zhang Lei, founder of Hillhouse Capital said during a speech in mid-March (in Chinese). 

Zhang was speaking at the China Development Forum in Beijing, an event attended by high-level officials from China and abroad. It’s a pretty big deal, and the first major international conference that’s held after the conclusion of the Two Sessions, China’s biggest annual political meeting.

“...As a VC/PE organization, we have to be involved in something this big,” the investor and entrepreneur said, referring to China’s push to cut carbon emissions—a major theme at the event. 

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Chris Udemans

Christopher Udemans is TechNode's former Shanghai-based data and graphics reporter. He covered Chinese artificial intelligence, mobility, cleantech, and cybersecurity.