CCTV:

My question is: Faced by increasing complexities in the energy security situation, how will China balance energy security with its transition to green and low-carbon energy? Thank you.

Zhang Jianhua:

I will answer your question. China has become the worlds largest energy producer, as well as the worlds largest consumer. As we have ushered in a new era of socialism with Chinese characteristics, to ensure the high-quality development of the economy and society, we must ensure sufficient energy supplies and improve the quality. In particular, the green and low-carbon global energy transition is picking up speed, and we are facing new situations and challenges in ensuring energy security. 

I mentioned that President Xi recently pledged that China will strive to have carbon dioxide emissions peak before 2030 and to achieve carbon neutrality before 2060. By 2030, China will increase its share of non-fossil fuels in primary energy consumption to around 25% and bring the total installed capacity of wind and solar power to over 1.2 billion kilowatts. This sets a clear timetable for us to build a clean, low-carbon, safe and efficient energy system. We will study and implement the new energy security strategy, accelerate the transition while maintaining energy security, and properly manage the planning and coordination.

First, we will strengthen the clean development and utilization of coal, and intensify oil and gas exploration and exploitation. We will also accelerate the building of a system that covers production, storage, supply and sales of natural gas to ensure the basic supply. 

Second, we will speed up the development and utilization of non-fossil energy, including wind power, solar power and biomass. China strives to replace high-carbon with low-carbon energy and fossil energy with renewable energy.

Third, we will take the building of new-generation information infrastructure as an opportunity to advance digital and intelligent development of the energy sector and improve the intelligence of the energy industrial chain. We will coordinate the development of various energy resources, and facilitate the interaction between supply and demand, and the development of new business forms and models. We will strive to increase the efficiency of the energy system as a whole. Thank you.