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"China is now at the cutting edge of solar technology and low-carbon transport, and leads the world in embracing non-carbon renewables such as wind, solar, and geothermal biomass," he said.

"By reinforcing their moats, industry leaders will become even stronger, and the sector will present a higher competition threshold, and the market centralization will become more obvious," said Neil Wang, president of Frost & Sullivan China.

"China offers much better terms to poor countries than the imperialists offer. So it's been able to edge the imperialist powers out of some of the places where they have considered it their right to be. So they don't like that."

"China is perhaps the most connected country in the world. We'll be able to look at that trend and try to understand potential opportunities by watching how Chinese consumers change behavior over time," he said.

"But there are smart policy options available that can soften these trade-offs, such as investing in testing and tracing capacity and durably expanding social protection to cover the poor and the informal sector."