China aims to have CO2 emissions peak before 2030 and achieve carbon neutrality before 2060, Chinese President Xi Jinping announced while making the remarks at the general debate of the 75th session of the United Nations General Assembly via video in September, 2020. "China will scale up its Intended Nationally Determined Contributions by adopting more vigorous policies and measures," he said.
An offshore wind farm in Laizhou Bay, Yantai, east China's Shandong Province.
Over the past three years, China has formulated a "1+N" policy framework, a basket of implementation plans for carbon peak and neutrality in key areas such as energy, industry, transportation and circular economy, and supporting measures in terms of science and technology, carbon sinks, fiscal and taxation, and financial incentives. Nowadays, achieving carbon peak and carbon neutrality has become one binding goal China will strive to attain so as to achieve the green and low-carbon transformation of its energy mix, realizing greener and more sustainable socioeconomic development, and sustaining harmonious development between man and nature.
Adhering to green development and growth, China endeavors to seek opportunities from the global revolution in green energy technologies and draw nourishment from the relevant practices of various countries. While ensuring stable economic and social development and improving people's livelihoods, we have continuously optimized the path of green and low-carbon transformation, promoted high-quality energy development, and created a viable energy transformation model in China.
Rapid growth of clean energy
In the past three years, China has managed to intensify the development of non-fossil energy, enhance the advantages of the clean energy industry, and achieve rapid development of clean energy. According to the National Energy Administration, as of the end of June 2023, the total installed capacity of renewable energy in China reached 1.32 billion kilowatts, accounting for 48.8% of the country's total installed capacity of 2.71 billion kilowatts in the same period; plus nuclear power, the total installed capacity of non-fossil energy power generation took up more than 50% of the total installed capacity, marking a historic leap.