Inevitably the international financial crisis, which has reverberated deeply into China's economy, has had an impact on the Chinese wind power sector in a number of ways. For instance, it has contributed to declining prices for certified emissions reduction credits (CERs) under the CDM Kyoto Protocol framework, a key subsidy for wind farm development. In addition, it has caused some foreign companies to exit the Chinese wind farm development business as oil prices have declined and credit has become more difficult and costly to acquire. It has also brought on the recession that has resulted in declining energy use and falling power prices throughout China.

Like the new Obama administration in the US, the Chinese government understands that they also can get a 'twofer' by funding renewable energy and energy efficiency projects, which will both spur economic development and advance China towards its goal of a cleaner and more sustainable future.