The rising number of ESG investment opportunities in China stem from increasing consumer awareness of the key issues, companies recognising the positive long-term impacts on their business strategy, and government policy to meet their commitment towards, for example, carbon neutrality by 2060. With the backdrop of China’s latest five-year plan that has just been announced, Jerry Wu, Fund Manager of the Polar Capital China Stars Fund, assesses how corporate governance has the potential to drive returns in the future.