China Green Bulletin: Beijing Sets Energy Security as Top Priority
China makes energy security top priority
Amid the global energy crisis, China must continue toward meeting its “dual carbon” targets based on the fact that coal is the country’s dominant energy resource, President Xi Jinping stressed in an article published in the latest Qiushi, a magazine affiliated with the Communist Party.
Premier Li Keqiang also stated China should make energy and power security its top priority to offset shortages and soaring prices caused by geopolitical tensions. The country should “unleash domestic high-quality coal production capacity” as soon as possible and remove production restrictions if needed to safeguard the domestic energy supply and price stability, Li ordered in a State Council meeting.
Caixin Insight, the research arm of Caixin Global, is a strategic advisory helping clients assess policy risk and macroeconomics in China.
- 1In Depth: How Chinese Factories Are Finding Their Way to Mexico
- 2In Depth: How SoftBank Wrestled Back Control of Arm China
- 3Boeing Pain From U.S.-China Trade War Seen in Airbus Buying Bonanza
- 4China’s Plunging Land Sales Threaten Local Government Coffers
- 5Chinese Tech Giants Cut Back on Office Space in Shenzhen
- 1Power To The People: Pintec Serves A Booming Consumer Class
- 2Largest hotel group in Europe accepts UnionPay
- 3UnionPay mobile QuickPass debuts in Hong Kong
- 4UnionPay International launches premium catering privilege U Dining Collection
- 5UnionPay International’s U Plan has covered over 1600 stores overseas