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China s Nine-Month Energy Intensity Falls 3%, China Daily Says

China s Nine-Month Energy Intensity Falls 3%, China Daily Says

Write: Gagan [2011-05-20]

China used 3 percent less energy for every economic unit produced in the first nine months compared with a year earlier, China Daily reported, citing Xie Zhenhua, vice chairman of the National Development and Reform Commission.

The world s fastest-growing major economy is on track to meet its year-end energy conservation goal, the state-run daily cited Xie as saying at a Beijing conference Nov. 24, days before the start of global climate change talks in Cancun, Mexico.

China aims to cut energy intensity by 20 percent in the five years ending next month. Energy use per unit of gross domestic product rose 3.2 percent in the first quarter and 0.09 percent in the first six months, prompting the government to take steps to curb consumption, including shutting factories.

The Asian nation will impose stricter measures for energy conservation and emissions reduction in the next five- year plan for 2011-2015, including making energy saving a compulsory target, setting up carbon trading markets and implementing green taxes, the newspaper cited Xie as saying.