Caixin
Nov 01, 2021 08:07 PM
ECONOMY

China to Issue Carbon Reduction Plans for Specific Sectors, Xi Says

What’s new: China will release a series of plans and measures to reduce carbon emissions in major areas and industries, as part of efforts to build a “1 plus N” policy framework to reach its “dual carbon” goals, Chinese President Xi Jinping said in a video message delivered to the Group of 20 (G-20) leaders’ summit in Rome on Sunday.

Xi said China will continue to promote the transformation and upgrading of energy and industrial structures, and promote the research, development and application of green and low-carbon technologies, according to the state-run Xinhua News Agency. The government will also help qualified localities, industries and enterprises take the lead in reaching China’s carbon peak, and will make positive contributions to global efforts to address climate change and promote the energy transformation, he said.

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