China's commitment to a greener future has been cast into the spotlight this week as heavy smog engulfs its capital city, spawning puns from 'Grayjing' to 'Airpocalypse,' but new data offer proof of the mainland's dedication to clearer skies.
China boasts the higher number of fastest-growing clean technology companies in Asia-Pacific, according to a new Deloitte report released on Thursday.
Every year, Deloitte ranks the 500 fastest-growing technology, media and telecommunications firms across the region based on percentage revenue growth rates. This year, clean technology was the third leading industry with more than 48 companies on the list, out of which 27 were Chinese.
The results come as President Xi Jinping reaffirmed Beijing's dedication to reducing greenhouse gas emissions at a closely-watched climate change conference in Paris this week. He also stressed any agreement inked at the summit should respect the rights of developing countries to grow their economies as they continue to industrialize.
"China shines in clean energy," Paul Sallomi, Deloitte's vice chairman and global technology, media, telecommunications industry leader, told CNBC.