33-point list to fast-track its transformation and reach a circular economy by 2035.
The Chinese Government published a 33-point list of guidelines on Sunday aimed at accelerating its industry’s green transition and achieving its climate targets. Key provisions include promoting low-carbon industries and technologies, as well as encouraging recycling, resource and energy conservation, and scientific and technological innovations. The overarching goal is the establishment of a circular economy by 2035.
As part of this, China aims to reach a 25 percent share of non-fossil fuels in its energy mix by 2030, classified as wind, solar, hydropower, and coastal nuclear energy sources. The guidelines also support novel sources such as biomass and geothermal energy. The state-affiliated Global Times highlighted that this aligns with President Xi Jinping’s 2020 proposal to reach peak carbon dioxide emissions by 2030 and carbon neutrality by 2060.
The guidelines are not only focused on China itself but also aim to promote international cooperation in the area. Investments, trade, green technologies, scientific exchanges, and other bilateral and multilateral cooperations are to be intensified.
The complete list can be found here (Chinese).
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