China will implement reforms to promote low-carbon consumption spanning a range of sectors to balance economic growth and its goal to become carbon neutral, according to its latest policy.
The policy, published jointly on Friday by seven government agencies including the National Development and Reform Commission, Ministry of Industry and Information Technology and Ministry of Commerce, seeks to promote “green consumption”.
It calls for expanding the supply and consumption of green and low-carbon products and promoting the green transformation of the country’s consumption structure, to support the dual-carbon goals of peak carbon emissions in 2030 and carbon neutrality in 2060. It laid out requirements in various sectors, such as food and clothing, residential, transport, tourism and renewable energy usage.
“In recent years, China has made positive progress in promoting green consumption, but its demand still needs further stimulation to be fully realised,” the regulators wrote in the plan. “Waste and unreasonable consumption still exists in some areas … and the supporting role of green consumption to higher-quality economic development needs to be further improved.”
unknownx500
