May 9, 2025, 2:03 a.m.

China

  • views:584

The Chinese government will speed up the comprehensive green transformation of the economy, and the scale of energy conservation and environmental protection industry will reach 15 trillion yuan by 2030

image

Beijing - The Chinese government issued a document to accelerate the comprehensive green transformation of economic and social development, proposing that the scale of energy conservation and environmental protection industry should reach about 15 trillion yuan by 2030.

The guidelines, issued by the Central Committee of the Communist Party of China (CPC) and The State Council, were officially released on Sunday, Xinhua reported.

For different areas, the Opinions put forward a number of quantitative goals: by 2030, the scale of energy conservation and environmental protection industry will reach about 15 trillion yuan; Increase the proportion of non-fossil energy consumption to around 25%; Carbon emission intensity per unit converted turnover of operating means of transport will be reduced by about 9.5% from 2020; The annual utilization of bulk solid waste has reached about 4.5 billion tons.

According to data from China's Ministry of Industry and Information Technology, the output value of China's energy-saving and environmental protection industry in 2022 has exceeded 8 trillion yuan, meaning that it plans to nearly double its size in the next six years.

Officials from China's National Development and Reform Commission said that the background of the "opinions" is that China's green transition still faces many difficulties and challenges. "The energy structure is more coal than coal, the industrial structure is more heavy, and the environmental constraints are tight, and the proportion of fossil energy and traditional industries is still high."

The "Opinions" three times mentioned China's new energy vehicle industry, which has attracted attention from the outside world in recent years, saying that it is necessary to "vigorously promote new energy vehicles" : promote the electric replacement of urban public service vehicles; By 2035, new energy vehicles will become the mainstream of new sales vehicles; New energy vehicles will be sent to rural areas to expand green energy consumption.

CCTV News said it was the "first central document on reform and implementation" released after the Third Plenary session of the 20th CPC Central Committee.

Recommend

Behind the Federal Reserve's pause in interest rate cuts: The US financial market is in turmoil

On May 7th, the Federal Reserve announced that the target range for the federal funds rate remained unchanged at 4.25% to 4.5%.

Latest

Trump offers assistance: U.S. intervenes in India-Pakistan conflict

The recent escalation of conflicts between India and Pakist…

US-UK trade agreement: tariff game under limited consensus

On May 8, 2025, US President Trump and British Prime Minist…

Financial analysis of crude oil market: supply-demand game and investment risk

Recently, the international crude oil market has quickly re…

Affected by Trump's tariffs, Skechers announced its official delisting

As the extensive tariff measures implemented by former US P…