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Ferrosilicon Daily Express 3.11

  • Thursday, March 11, 2021
  • Source:ferro-alloys.com

  • Keywords:Ferrosilicon,futures,spot
[Fellow]Li said the larger goal is to promote green transformation of traditional industries and speed up development of new industrial clusters for more sustainable development in the city.

[Ferro-Alloys.comLi Gang, mayor of Liupanshui and a deputy to the 13th National People's Congress, called for more financial support from the National Development and Reform Commission within the central budget on investment.

Li said the larger goal is to promote green transformation of traditional industries and speed up development of new industrial clusters for more sustainable development in the city.

Li said: "Liupanshui will step up efforts in green transformation of traditional industries. Coal has been a pillar industry in Liupanshui's economic development. The city will continue its efforts in offering financial support to coal companies for technology innovation to cut emissions and improve efficiency.

The country plans to cut energy consumption per unit of GDP by 13.5 percent and carbon dioxide emissions by 18 percent during the 14th Five-Year Plan period (2021-25).

Setting such "hard" goals shows China's determination to follow the green development path. Between 2013 and 2019, China's energy consumption per unit of GDP dropped 24.6 percent, saving 1.27 billion metric tons of standard coal, which is close to the combined energy consumption of the Beijing-Tianjin-Hebei and Yangtze River Delta regions in one year. China has managed to achieve average annual economic growth of 7 percent between 2013 and 2019 while limiting its average annual energy consumption growth to about 2.7 percent.

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  • [Editor:kangmingfei]

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