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China Unveils ‘Green’ Industrial Strategy

Five-year plan will limit capacity in steel, cement, aluminium and other commodities, as well as boost use of minerals such as iron ore and develop the use of recycled materials


china iron ore
Iron ore is unloaded in Qingdao, Shandong province. Photo: Reuters

 

China’s industry ministry unveiled a five-year plan on Friday aimed at developing “green” industrial sectors by reducing carbon emissions and pollutants.

The Ministry of Industry and Information Technology (MIIT) reiterated the targets of cutting carbon dioxide emissions by 18% by 2025.

The 2021-2025 plan would limit capacity in steel, cement, aluminium and other production sectors.

“By 2025, carbon emission intensity will continue to decline, and carbon dioxide emissions per unit of industrial added value will be reduced by 18%,” the ministry plan states.

China, the world’s top greenhouse gas emitter, is aiming to bring its carbon emissions to a peak by 2030 and become “carbon-neutral” by 2060.

MIIT said it would increase clean energy consumption and encourage the use of hydrogen energy, biofuels and waste-derived fuels.

“Energy efficiency has been steadily improved,” the ministry said. “The energy consumption per unit value has been reduced by 13.5%.”

The plan also looks to promote exploitation of mineral resources such as iron ore and nonferrous metals and to develop the use of recycled sources, said the ministry.

“The emission intensity of pollutants has dropped significantly,” MIIT said.

“The ability to control the source of harmful substances has been continuously strengthened, the level of cleaner production has been significantly improved, and the emission intensity of major pollutants in key industries has been reduced by 10%.”

 

  • George Russell

 

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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