October 25, 2021

China's new energy sector will usher in great opportunities, as the country targets 25 percent non-fossil energy use by 2030 and over 80 percent use by 2060, experts said after the release of the new guideline to implement carbon peak and neutrality on Sunday.

"The goal of 25 percent showed that China will firmly promote the realization of the dual-carbon goal, which is definitely good for the development of new energy," said He Xi, chief engineer of new energy of State Power Investment Corporation.

The chief engineer said new energy development will accelerate and the country will actively promote the development of the power system, where multiple new energy sources can be used for power supply.

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