China's efforts to stabilize economic growth in 2022

Green development

The annual meeting underscored the need for unwavering efforts to move forward with work in peaking carbon emissions before 2030 and attaining carbon neutrality before 2060, while recognizing that it would be impossible for the nation to accomplish everything in one stroke.

Achieving the goals is an intrinsic part of advancing high-quality development.

The phase-out of traditional energy in China should be based on safe, reliable new energy alternatives.

China needs to strengthen the clean and efficient use of coal, increase the capacity of new energy, and optimize the use of coal and new energy.

The meeting also decided that the newly added renewable energy and energy used as raw materials would be excluded from the cap on total energy consumption, calling for an early shift from controlling energy consumption amount and intensity to controlling the amount and intensity of carbon emissions, as well as an early establishment of an incentive and constraint mechanism for pollution control and carbon reduction.