Jimu News:

The 15th Five-Year Plan period is a critical stage for achieving China's dual carbon goals.2026 marks the beginning of this period. How strong is China's resolve and commitment in advancing its green transition and realizing the dual carbon targets? What are the specific work arrangements? Thank you.

Wang Changlin:

This is a very important question involving dual carbon goals. Mr. Wang Shancheng will take this one.

Wang Shancheng:

Thank you for your questions. China's dual carbon goals, peaking carbon emissions by 2030 and achieving carbon neutrality by 2060, is China's solemn commitment to the international community and an inherent requirement for achieving its high-quality development. Since the 18th CPC National Congress, especially in the five years since the dual carbon goals were proposed, we have strengthened our measures and further intensified our efforts, which have led to remarkable results. China's green transition has entered a fast lane, with its achievements attracting worldwide attention. We have built the world's largest renewable energy system, established the world's most complete new energy industrial chain, and achieved the world's fastest popularization of new energy vehicles. China is one of the countries with the largest reduction in energy consumption intensity and carbon intensity. Currently, as international cooperation on climate change encountering setbacks, China's firm commitment and effective implementation have injected stable expectations and long-term confidence into the global green development process, which demonstrates our determination and strength.

The 15th Five-Year Plan period is the decisive stage for peaking carbon emissions. Facing multiple difficulties and challenges ahead, we must coordinate green transition, economic development and energy security. 2026 marks the start of the 15th Five-Year Plan period. We will further strengthen our work measures and focus on the following four aspects:

First, we will accelerate energy transition. We will develop non-fossil energy with greater efforts, accelerate the construction of new power systems, and enhance the grid regulation capacity. We will develop green electricity direct supply and other models, expand the scale of green electricity consumption, and increase the proportion of non-fossil energy consumption, promoting the gradual coverage of new clean energy power generation to meet the new electricity demand of the entire society. We will also accelerate the transition of coal-fired power from a basic and guaranteed power supply to a supporting and regulating source, and continuously improve the clean and efficient utilization of fossil energy.

Second, we will promote industrial upgrading. On one hand, we will vigorously develop green and low-carbon industries, promote energy-saving and carbon-reducing transformation and clean replacement of coal in key industries, build zero-carbon industrial parks and factories, and encourage new industries and new business models. On the other hand, we will strengthen standard constraints, accelerate the elimination of backward and inefficient production capacity, and leverage the role of energy conservation review and carbon emission assessment to resolutely curb the blind development of high energy consumption and high pollution projects.

Third, we will strengthen comprehensive conservation. We will consistently adhere to the principle of prioritizing conservation, thoroughly implement the comprehensive conservation strategy, and strengthen the full-chain management and whole-process conservation of various resources. We will also vigorously develop circular economy, advocate conservation of food, water, electricity and sorting of household waste, popularize green and low-carbon products, and promote green and low-carbon production and lifestyle practices.

Fourth, we will conduct assessments scientifically. We will fully implement dual control over total carbon emissions and intensity, and establish and improve comprehensive evaluation and assessment systems for carbon peaking and carbon neutrality, industry carbon management and control, as well as product carbon footprints. We will also improve incentive and constraint policies, give full play to the role of market mechanisms, and foster a concerted effort across society in implementing these measures. Thank you.