Wind power in emerging markets is developing rapidly. Against the background of national policy support and tight energy supply, China's wind power, especially the wind power equipment manufacturing industry, has also risen rapidly and has become the most active place for wind power in the world. In 2006, 9% of global wind power funds were invested in China, totaling 1.62 billion euros (approximately 16.27 billion yuan). In 2007, China's installed wind power capacity ranked fifth in the world. As of 2010, China's installed wind power capacity has reached 42,287MW, ranking first in the world.
China’s huge wind power market and cheap labor costs have attracted a large number of foreign wind power giants to set up factories in China or adopt joint ventures with domestic companies. The products produced are all labeled as “Made in China” Label. Wind power equipment products made in China occupy an increasing market share, and wind turbine products are undergoing a transformation from global manufacturing to Chinese manufacturing.