Business
        

Green China

Wuxi sets out strategy for low-carbon growth

Updated: 2011-01-12 13:28

By Li Woke (China Daily)

Twitter Facebook Myspace Yahoo! Linkedin Mixx

Wuxi sets out strategy for low-carbon growth

 Visitors talk with exhibitors at the 2nd China (Wuxi) Renewable Energy Conference Solar Power Exhibition in September. Wuxi plans to adopt green technology to meet energy targets. [Photo / China Daily]


BEIJING - Wuxi, a city in Jiangsu province, plans to develop green and low-carbon industries in accordance with the 12th Five-Year Plan (2011-2015), a city government official said on Tuesday.

"Starting from this year, Wuxi is on the road of industrial adjustment for green technology and continuous development," said Ni Bin, assistant mayor of Wuxi.

The city has mapped out eight key industries, including new energy, environmental protection, IT and new materials, Ni said.

Wuxi's green industry strategy is part of the nation's 12th Five-Year Plan (2011-2015), which aims to support accelerated service-sector growth to make economic growth more environmentally friendly.

Last month, at a seminar on drawing up the 12th Five-Year Plan (2011-2015), Vice-Premier Li Keqiang said that "greater efforts should be made to strengthen the role of innovation in driving growth, quicken the upgrading of traditional industries, develop strategic emerging industries and push forward the service sector to accelerate the transformation of China's economic growth pattern".

Related readings:
Wuxi sets out strategy for low-carbon growth Japan shelves carbon emissions trading scheme
Wuxi sets out strategy for low-carbon growth Experts: Beijing on target for low-carbon economy
Wuxi sets out strategy for low-carbon growth International NGO advises China on carbon emissions
Wuxi sets out strategy for low-carbon growth US says China serious in carbon emissions 

At present, the service sector accounts for less than 45 percent of the Chinese economy, while accounting for more than 70 percent in the United States.

Last week, China released its official manufacturing PMI figure for December, which was 53.9, down from 55.2 in November, the first decline in five months.

Analysts attributed the weakening of the country's manufacturing activity in December to the government's tightening monetary policy and the closure of polluting and highly energy-intensive factories to meet the nation's energy efficiency targets.

China will adopt a 17.3 percent energy intensity reduction target in the 12th Five-Year Plan (2011-2015) and a 16.6 percent energy intensity reduction target in the 13th Five-Year Plan (2016-2020).

Meanwhile, China's largest oil and gas producer, China National Petroleum Corporation (CNPC), said on its website on Wednesday that the country's reliance on crude oil imports will reach 60 percent in the next five years.

In 2006, China's oil imports reached 45 percent of total oil consumption and grew at 3 percent annually thereafter. In 2010, imported crude oil accounted for 52 percent of the country's total oil consumption.

"Green technology and energy efficiency are necessity for Wuxi to meet energy targets," Ni said.

Specials

President Hu visits the US

President Hu Jintao is on a state visit to the US from Jan 18 to 21.

Ancient life

The discovery of the fossile of a female pterosaur nicknamed as Mrs T and her un-laid egg are shedding new light on ancient mysteries.

Economic Figures

China's GDP growth jumped 10.3 percent year-on-year in 2010, boosted by a faster-than-expected 9.8 percent expansion in the fourth quarter.

2011 postgraduate entrance exam
Pet businesses
Critics call for fraud case to be reopened