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China to promote sustainable growth in industrial sector

03 Aug '22
1 min read
Pic: Shutterstock
Pic: Shutterstock

China is pushing sustainable growth in the industrial sector in order to meet its carbon peak goal. The country has unveiled a plan that aims to reduce the energy consumption per unit added value of companies that have an annual turnover of 20 million yuan ($2.96 million) or above by 13.5 per cent as compared to the consumption in 2020.  

The plan has been released by China’s ministry of industry and information technology, ministry of ecology and environment and national development and reform commission, said Chinese media reports.

As per the plan, China will work towards developing green, low-carbon industries, advocate optimising and upgrading industrial structures, and keep a check on the development of projects that require high energy consumption and cause high emissions.

The plan will also entail leveraging digital technologies to promote low-carbon, green transformation in the industrial sector.

Fibre2Fashion News Desk (KD)

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