Last December 3rd, China released a plan for the green
development of its industrial sectors during the 14th Five-Year Plan period
(2021-2025), a step forward in the country’s pursuit of low-carbon growth.
By 2025, significant progress in the green and low-carbon transformation of China’s industrial structure and production is expected to have been made with technologies and equipment for green development widely applied, according to the plan issued by the Ministry of Industry and Information Technology (MIIT).
The 14th Five Year Plan outlines how efficiency in energy and resource utilization will be greatly enhanced and green development in the manufacturing sector will improve further by 2025, laying a solid foundation for the peaking of carbon emissions in industrial sectors by 2030.
In this year’s China’s five year plan’s outline sets a 18% reduction target for CO2 intensity and 13.5% reduction target for energy intensity from 2021 to 2025.
A green manufacturing system for key sectors and
regions will be basically established by 2025, with the market value for green
and eco-friendly industries reaching 11 trillion yuan (about 1.73 trillion U.S.
plan also rolls out specified measures and eight major projects to advance
improvements in industrial sectors in terms of industrial upgrades, energy
consumption with low-carbon emissions, and the recyclable use of resources,
among other areas. Efforts are called for to curb the blind expansion of
projects with high energy consumption or high emissions, enhance the
utilization of industrial solid waste, and accelerate the improvement of green
and low-carbon technologies.
Source: Xinhua Net