According to National Energy Administration (NEA) of China, the country is investing 2.5 trillion yuan ($361 billion) into renewable power generation by 2020.
This mega green project (including including wind, hydro, solar and nuclear power) predicts the development of China's energy sector by 2020 and giving jobs to 13 million people. Once completed, renewable resources will provide approximately one half of the country's electricity. Hopefully, switching to clean energy on such a grand scale will help China efficiently fight against terrible pollution, caused (also) by extensive use of fossil fuels.
According to Reuters reports, about 700 billion yuan are planned to be invested in wind farms, 500 billion in hydro power with tidal and geothermal getting the rest - as exlpained by the National Development and Reform Commission (NDRC).
China has reportedly became the world's top solar generator last year.