China's New Energy Industry Helps Drive the Global Transition to a Green and Low-carbon Economy

On May 2nd, National Development and Reform Commission's Wechat official account declared that it would release commentary in series on 'China's overcapacity in new energy'.

From NDRC

On May 2nd, National Development and Reform Commission's Wechat official account declared that it would release commentary in series on 'China's overcapacity in new energy'.

Addressing climate change is a common challenge facing all mankind and concerns the future of mankind. In recent years, China has vigorously promoted the building of a beautiful China, strengthened environmental protection and governance, and accelerated the transformation of its development mode into a green and low-carbon one.

At the same time, China has earnestly fulfilled international conventions and taken the initiative to undertake environmental governance obligations commensurate with its national conditions, development stage and capabilities, demonstrating its responsibility as a major country.

The development and growth of China's green industries such as new energy vehicles, wind power and photovoltaic is the result and embodiment of China's active response to the requirements of global green and low-carbon transformation and its responsibility to reduce carbon as a major country.

At present, the global task of green and low-carbon development is urgent and arduous, and there is still a huge green capacity gap to achieve the 2030 emission reduction target. Countries around the world need to give full play to their comparative advantages, division of labor and cooperation, and make joint efforts. China's new energy industry will be an indispensable backbone.