China’s Ambitious Green Plan Targets $2.1 Trillion Low-Carbon Growth by 2035

China has unveiled a comprehensive set of guidelines aimed at accelerating the country’s green transition across all facets of economic and social development. Released on August 11 by the Communist Party of China (CPC) Central Committee and the State Council, this plan marks the first systematic national approach to achieving a sustainable future.

By 2030, China aims to achieve \"remarkable results\" in its green transition, with the energy conservation and environmental protection industry projected to reach approximately $2.1 trillion. The long-term goal for 2035 is to establish a green, low-carbon, and circular ecosystem, effectively realizing the vision of a beautiful China.

To meet these ambitious targets, China will implement a range of initiatives focused on promoting green and low-carbon practices in key sectors such as energy, manufacturing, and transport, spanning both urban and rural communities. The plan includes increasing the share of non-fossil energy to about 25 percent of total energy consumption by 2030 and reducing the carbon emission intensity of commercial transport by approximately 9.5 percent compared to 2020 levels.

These efforts build on China’s previous commitments made during the 75th session of the United Nations General Assembly in September 2020, where President Xi Jinping announced the goal of peaking carbon dioxide emissions before 2030 and achieving carbon neutrality by 2060. Since then, China has significantly expanded its renewable energy capacities and promoted green transitions across various industrial sectors.

The International Energy Agency (IEA) recognizes China as the world's leading renewables powerhouse, accounting for nearly 60 percent of new renewable energy capacity expected by 2028. According to IEA forecasts, China is on track to meet its 2030 targets for solar and wind installations by the end of 2024, six years ahead of schedule.

In a significant milestone reported last December, data from the National Energy Administration revealed that China's renewable energy capacity, including solar, wind, hydropower, and biomass energy, surpassed thermal power for the first time, now constituting over 50 percent of the country’s installed power generation capacity. These achievements underscore China’s commitment to a sustainable and low-carbon future, setting a powerful example for global environmental efforts.

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