September 22, 2021

Chinese President Xi Jinping's pledge that China will not build new coal-fired power projects abroad constitutes a "huge economic sacrifice" for the country's thermal power sector, which is now the world's largest and mostly relies on overseas markets during China's strong push to curb global warming in the past years. 

The huge sacrifice China made also demonstrates its "firmest determination and greatest efforts" to make solid and detailed plans in achieving its green commitment and its devotion to solving humanity's most crucial issues, experts and industry players said.

"China will step up support for other developing countries in developing green and low-carbon energy, and will not build new coal-fired power projects abroad," Xi said in his speech by video at the general debate of the 76th session of the United Nations General Assembly on Tuesday.

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