China's advantage in making the change

China's advantage in making the change

China declared on Nov 26 that it would reduce the carbon intensity, the amount of carbon dioxide emission for every unit of its GDP, by 40-45 percent below the 2005 levels by 2020. China has also proposed that developed nations contribute 1 percent of their GDP to subsidize efforts by poor nations to cut emissions.

Appropriate handling of the climate change issue is of vital interest to a country's social and economic development and people's fundamental interests as well as the welfare of all people in the world.