China unveils groundbreaking green transition plan to reach low-carbon goals
China on Sunday unveiled a groundbreaking guideline for accelerating a comprehensive green transition in all economic and social sectors, the central government's first systematic deployment of its green and low-carbon goals.
Experts said that the extensive guideline will further cement China's leading role in the green transition, as well as indicate an unwavering determination to fulfill the nation's carbon reduction commitment.
The 33-point guideline released by the Central Committee of the Communist Party of China and the State Council, the country's cabinet, outlined key targets for 2030 related to the country's broad green transition.
By 2030, key areas in the economic and social sectors will see notable progress in the green transition. By 2035, a green, low-carbon and circular economy will largely be established, with carbon emissions peaking and then gradually declining, while economic and social development will fully adopt a green path, according to the guideline.
The guideline projects that the scale of the energy-saving and environmental protection industry will reach about 15 trillion yuan ($2 trillion) by actively promoting the rapid development of green and low-carbon industries and business models.
By 2030, the target is for non-fossil fuels (wind, solar, hydropower, offshore wind and coastal nuclear power) to constitute 25 percent of the total energy mix. To achieve this target, the guideline emphasizes the need for the accelerated development of these energy sources, tailored to local conditions.
These objectives also align with the Chinese central government's recent resolution to advance a green, low-carbon and circular economy through comprehensive policy support, including fiscal, tax, financial, investment and pricing measures.
The guideline also said that the annual use of major solid waste is projected at about 4.5 billion tons, achieved through measures such as advancing the resource recycling and remanufacturing industries to improve resource utilization.
The document also highlighted three key actions -- adopting a comprehensive conservation strategy, encouraging green consumption and using technological innovation. These measures aim to create a resource-efficient and eco-friendly spatial layout and industrial structure, production methods and lifestyle.
Experts said that this strategic plan reflects China's ongoing efforts to balance economic development with ecological sustainability, demonstrating its commitment in global environmental initiatives.