China’s industrial energy efficiency is about to improve: policy and market will promote it in parallel
Policy Orientation: China's 15th Five-Year Plan Boosts New Energy Development Recently, China released its 15th Five-Year Plan, aiming to accelerate the construction of a new energy system. The plan clearly sets 2030 as the key milestone to achieve this goal. This plan will not only provide strong policy support for the development of China's new energy industry but also signals that China will further improve industrial energy efficiency, reduce greenhouse gas emissions, and promote a green economic transformation. According to reports from the Coal Resource Network, the plan emphasizes the application of renewable and clean energy in industrial production, indicating that within the next five years, China's industry will see significant changes.