China extends green tech lead to carbon capture and sequestration

Beijing holds three times as many patents in the area than the U.S.

20240518N carbon storage Sinopec

Sinopec has operated a large carbon capture and sequestration facility since 2023. (Screen capture from Sinopec website) 

Nikkei staff writers

TOKYO -- China is increasing its competitive edge in advanced technologies to combat global warming, a Nikkei survey shows, taking the global lead in patents related to the capture and sequestration of industrial carbon dioxide emissions.

China's lead in the area is three times as large as that of second-place U.S. China is also the global market leader in batteries for electric vehicles and solar panels, giving it growing dominance in the decarbonization supply chain.

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