中国国际矿业大会 CHINA MINING
中国国际矿业大会 CHINA MINING
China's decarbonization drive prompts strategic repositioning of companies
China's oil giants are planning to ramp up natural gas production and use more green, low-carbon methods to reach carbon neutrality, after their profits fell last year due to the COVID-19 pandemic and plummeting international oil prices.
Rio Tinto Group Plc, the world's biggest iron ore miner, is anticipating huge growth opportunities in China, after the country, which accounted for more than half of its global revenue last year, reiterated its intent to reduce carbon emissions earlier this month, a top company official said.
Firms are buoyed by nation's energy transition, clear targets on emissions, carbon neutrality
Multinational corporations have said China's ambition of peaking its carbon emissions by 2030 and reaching carbon neutrality by 2060 will bring tremendous opportunities for their business development in China.
Economists and business leaders attending the ongoing China Development Forum 2021 spoke highly of the country's resolve to prioritize the reduction of carbon dioxide emissions in future development.
BEIJING－Over the next five years and beyond, China will take more measures to restructure its industry and energy mix in a greener way, and this will lay a solid foundation for peaking carbon dioxide emissions by 2030 and achieving carbon neutrality by 2060.
Market-friendly approach, reforms of govt functions to ensure prosperity
China will ensure that its market-friendly policies and reforms of government functions will help market entities to survive and flourish this year, Premier Li Keqiang said on Thursday.
Foreign media have responded positively to China's new economic growth target of over 6 percent for 2021.
The above 6 percent growth target marks a return to strong growth after the COVID-19 pandemic impacted the world's second largest economy, BBC said.
BEIJING, March 5 (Xinhua) -- China aims to expand its economy by over 6 percent in 2021, building on strong tailwind from success in containing COVID-19, as lawmakers gather in Beijing to map out priorities for high-quality development.
China will contain its annual coal output to around 4.1 billion metric tons and limit the commodity's use to 4.2 billion tons by the end of the 14th Five-Year-Plan period (2021-2025), a leading industry association said.
