CICC's Peng Wensheng: China's Green Industry Economies of Scale Represent Major Contribution to Global Economy

Deep News01-10

The 2026 China Chief Economists Forum Annual Meeting was held in Shanghai from January 10th to 11th, centered on the theme "Mid-Game Strategy: Building on the Past to Forge a Strong Nation." Peng Wensheng, Chief Economist of China International Capital Corporation Limited (CICC), attended the event and delivered a speech.

Peng Wensheng expressed that there should be full confidence in China's green transition and industrial development, noting that the global community, especially emerging market nations, has benefited from the growth of China's green industries, which has led to a rapid decline in the cost of green energy.

He pointed out that fossil fuels constitute a monopolistic industry, whereas the green sector is characterized by full competition; such competition implies that when an industry achieves scale and is highly competitive, everyone stands to gain. The economies of scale achieved by China's green industry represent a significant contribution to the global economy.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1129397517?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-10 11:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1129397517","market":"nz","top_or_hot":-1,"title":"CICC's Peng Wensheng: China's Green Industry Economies of Scale Represent Major Contribution to Global Economy","media":"Deep News","content":"<p>The 2026 China Chief Economists Forum Annual Meeting was held in Shanghai from January 10th to 11th, centered on the theme \"Mid-Game Strategy: Building on the Past to Forge a Strong Nation.\" Peng Wensheng, Chief Economist of China International Capital Corporation Limited (CICC), attended the event and delivered a speech.</p>\n<p>Peng Wensheng expressed that there should be full confidence in China's green transition and industrial development, noting that the global community, especially emerging market nations, has benefited from the growth of China's green industries, which has led to a rapid decline in the cost of green energy.</p>\n<p>He pointed out that fossil fuels constitute a monopolistic industry, whereas the green sector is characterized by full competition; such competition implies that when an industry achieves scale and is highly competitive, everyone stands to gain. The economies of scale achieved by China's green industry represent a significant contribution to the global economy.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CICC's Peng Wensheng: China's Green Industry Economies of Scale Represent Major Contribution to Global Economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCICC's Peng Wensheng: China's Green Industry Economies of Scale Represent Major Contribution to Global Economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039043262\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Deep News </p>\n<p class=\"h-time\">2026-01-10 11:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The 2026 China Chief Economists Forum Annual Meeting was held in Shanghai from January 10th to 11th, centered on the theme \"Mid-Game Strategy: Building on the Past to Forge a Strong Nation.\" Peng Wensheng, Chief Economist of China International Capital Corporation Limited (CICC), attended the event and delivered a speech.</p>\n<p>Peng Wensheng expressed that there should be full confidence in China's green transition and industrial development, noting that the global community, especially emerging market nations, has benefited from the growth of China's green industries, which has led to a rapid decline in the cost of green energy.</p>\n<p>He pointed out that fossil fuels constitute a monopolistic industry, whereas the green sector is characterized by full competition; such competition implies that when an industry achieves scale and is highly competitive, everyone stands to gain. The economies of scale achieved by China's green industry represent a significant contribution to the global economy.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1147","symbol_name":"投资银行业与经纪业","start_time":0,"source_url":"","article_id":"1129397517","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1129397517","pubTimestamp":1768014032,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"The 2026 China Chief Economists Forum Annual Meeting was held in Shanghai from January 10th to 11th, centered on the theme \"Mid-Game Strategy: Building on the Past to Forge a Strong Nation.\" Peng...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"601995":"中金公司","BK1147":"投资银行业与经纪业","LU2663582299.SGD":"BSF BLACKROCK SYSTEMATIC ASIA PACIFIC EQUITY ABSOL \"A2\" (SGDHDG) ACC","03908":"中金公司","LU1580142542.USD":"Blackrock Systematic China A-Share Opportunities A2 USD","LU0359201612.USD":"贝莱德中国基金A2","LU0359201885.HKD":"BGF CHINA \"A2\" (HKD) ACC","LU0359202008.SGD":"Blackrock China Fund A2 SGD-H","BK1516":"腾讯概念","LU1781817850.SGD":"Blackrock Systematic China A-Share Opportunities A2 SGD-H","BK1564":"中资券商股","LU1508157978.USD":"BSF BLACKROCK SYSTEMATIC ASIA PACIFIC EQUITY ABSOLUTE RETURN \"A\" (USD) ACC","LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","BK1501":"阿里概念股","SG9999002828.SGD":"Eastspring Investments Unit Trusts - Dragon Peacock A SGD","BK0276":"资本市场"},"translate_title":"中金公司彭文生：中国绿色产业规模经济是对全球经济的重大贡献","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"601995":1,"03908":1},"content_text":"The 2026 China Chief Economists Forum Annual Meeting was held in Shanghai from January 10th to 11th, centered on the theme \"Mid-Game Strategy: Building on the Past to Forge a Strong Nation.\" Peng Wensheng, Chief Economist of China International Capital Corporation Limited (CICC), attended the event and delivered a speech.\nPeng Wensheng expressed that there should be full confidence in China's green transition and industrial development, noting that the global community, especially emerging market nations, has benefited from the growth of China's green industries, which has led to a rapid decline in the cost of green energy.\nHe pointed out that fossil fuels constitute a monopolistic industry, whereas the green sector is characterized by full competition; such competition implies that when an industry achieves scale and is highly competitive, everyone stands to gain. The economies of scale achieved by China's green industry represent a significant contribution to the global economy.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1129397517","isCrawlerRequest":true}