Clean and Renewable Energy
China's Clean Energy Thrust
China has in recent years stepped up efforts to develop a clean energy economy to augment its energy supplies from traditional sources and create export industries in the clean energy sector. It plans to achieve this through a mix of policies, aimed at improving efficiency and conservation while diversifying its energy sources. China’s growth has been supported by cheap supplies of fossil fuels, and it faces a major challenge in trying to reduce the dominance of energy-intensive industries while balancing economic growth. With China planning investments of up to US$660bn over 10 years, countries with limited resources like Singapore, will have to play to their strengths to remain competitive.
You can download the complete paper for more information on China's push towards a low carbon economy.
China's move towards a low carbon economy