Vice-Premier Says China Faces "Complicated Energy Security Situation"
Posted on: Tuesday, 27 December 2005, 12:00 CST
Text of report in English by official Chinese news agency Xinhua (New China News Agency)
Beijing, 27 December: China is currently facing a complicated energy security situation, Vice-Premier Zeng Peiyan said here on Tuesday [27 December] while making a report on current energy security issues to China's top legislature.
Zeng summed up current energy issues in China as follows: the demand for energy has outstripped supply; resource shortages restrict energy production; outdated energy development technologies undermine improvements to the energy supply; changes in the international energy market are having more impact on China's domestic energy market.
"To solve these issues, we should economize energy and resources, diversify energy sources and do our best to be self-sufficient," said Zeng.
He said: "Our aim for 2010 should be to reduce energy consumption per unit of GDP by 20 per cent, compared with the 2005 figure."
He said the domestic energy supply should be improved to ensure energy security. This implied putting the optimization of the energy supply structure at the top of the agenda. By 2020, renewable energy sources should account for 15 per cent of the country's total energy supply. Currently, the figure is only seven per cent.
Source: BBC Monitoring Asia Pacific
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