‘Two Sessions’ Didn’t Mark a U-turn in China’s Green Economy Push

As it turns out, the year 2020 has proven to be more turbulent than anyone could have expected. And it is only June. While in February we asked if 2020 would be the year of China’s global green leadership hoping that the Covid-19 virus outbreak would be short-lived, in March already we had to incorporate a broader-than-expected fallout in our possible green scenarios. As the “Two Sessions” – the meeting of the National People’s Congress and the CPPCC – just wrapped up last week, we see another milestone for a stock-take of China’s green leadership ambitions. Our overall interpretation is that a green push and green recovery is not a top priority in the short term, especially when compared to the big push promised in 2019. But, it is certainly also not a full U-turn and three things stand out in the Two Sessions.

Read more: Caixin Global (and Caixin Chinese)