The Communist Party of China Central Committee and the State Council have introduced new guidelines aimed at accelerating the green transition across all sectors of economic and social development.
The guidelines outline two key targets: by 2030, the country is expected to achieve “remarkable results” in green transition across all areas, and by 2035, a green, low-carbon, and circular economic system should be largely established, alongside the realization of the Beautiful China goal.
To meet these objectives, the guidelines emphasise several tasks, including optimising the development and protection of territorial space, advancing green and low-carbon transitions in industrial structures and the energy sector, and promoting sustainability in transportation and urban-rural development.
Specific quantitative targets are also set for different fields. By 2030, the energy conservation and environmental protection industry should reach approximately 15 trillion yuan (about $2.1 trillion), non-fossil energy consumption should rise to around 25 percent, and the installed capacity of pumped storage hydropower should exceed 120 million kilowatts.
Additionally, by 2030, the carbon emission intensity of commercial transport per unit of turnover is expected to decrease by about 9.5 percent from 2020 levels, the annual utilisation of bulk solid waste should hit approximately 4.5 billion tonnes, and the output rate of key resources should increase by about 45 percent compared to 2020.