BEIJING: Over the past decade, China has made remarkable contributions to global green transformation, thanks to its continuous technological advancements, complete industrial supply chains and favorable market environment, according to a recently released white paper.
China’s green energy development has become a driving force for the global energy transition, significantly alleviating global inflation pressures while addressing climate change, the white paper issued by the State Council Information Office showed.
China, the world leader in renewable energy generation capacity, has been responsible for over 40 percent of the annual additions to global renewable energy capacity since 2013, with the newly installed capacity accounting for more than half of the world’s total in 2023, the paper, titled “China’s Energy Transition”, pointed out.
From 2014 to 2023, the share of nonfossil fuels in global energy consumption rose from 13.6 percent to 18.5 percent, with China accounting for 45.2 percent of the increase. Today, China is collaborating with more than 100 countries and regions on green energy projects, the white paper noted.
Zhang Jianhua, head of China’s National Energy Administration, credited the swift growth of the nation’s renewable energy sector to ongoing technological innovations, well-established industrial supply chains and a supportive market environment.
China has established a relatively complete supply chain for wind and solar power industries at home, while actively integrating into the global clean energy supply chain, continuously sharing high-quality clean energy products with the world, said Zhang. –The Daily Mail-CGTN news exchange item
