Energy security situation complicated in China
Updated: 2005-12-28 08:42
China is currently facing a complicated energy security situation, Vice
Premier Zeng Peiyan saidon Tuesday 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outdated energy development technologies undermine improvements to the energy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 the
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 percent, 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 percent of the country's total energy supply. Currently, the figure is only