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June 14 – Output from the energy-saving and environmental protection industry is expected to reach ¥4.5 trillion by the end of 2015, making up 2% of China's GDP, according to the National Development and Reform Commission. China plans to reduce its CO2 emissions by 17% from 2010 levels by the end of 2015.
June 14 – China's electricity consumption rose 5.2% year on year to 406.1 billion kW hours in May; the rate was 1.5 percentage points faster than the month before, the National Energy Administration said. Between January and May, electricity consumption was up 5.8% to 1.96 trillion kW hours, including 35.9 billion kW hours from the primary sector (down 3.5%), 1.44 trillion kW hours from the secondary sector (up 3.8%), 222.3 billion kW hours from the tertiary sector (up 12.4%) and 261 billion kW hours from civilians (up 14.2%). A total of 18.31 million kW of power generation capacity have been installed during the first five months, including 12.28 million kW of coal-fired capacity and 2.94 million kW of hydropower capacity.
June 4 – China approved 131 power generation projects in the first five months, 95% of which were wind farms, signaling the government's determination to develop clean energy, the National Development and Reform Commission said.
May 28 – Output from China's recycling industry is expected to total ¥1.5 trillion by the end of 2015, according to the five-year plan released by the National Development and Reform Commission.
May 28 – Electricity supply may fall short of 37 million kW this summer as power producers remains reluctant to work after the recent price increases were smaller than expected, State Grid warned. The shortage, which will be more severe than last year's 30.55 million kW, adds to concern over the nation's slowing manufacturing-based economy.
May 25 – The central government will invest ¥170 billion in energy saving and renewable energy this year, the Ministry of Finance said.
May 23 – Private investment in China's alternative and renewable energy sector has exceeded ¥800 billion, and the capacity of clean energy-generated, privately-funded electricity adds up to 49 million kW, or 18% of the nation's total capacity powered by alternative and renewable energy, the National Energy Administration said.
May 17 – China will invest a total of ¥500 billion in wastewater treatment between 2011 and 2015, up from ¥300 billion invested in the previous five year period, according to the Ministry of Environmental Protection and the Ministry of Water Resources.
May 17 – The Chinese government will spend ¥36.3 billion subsidizing purchases of energy-saving products to stimulate retail sales, according to a cabinet meeting. The funds will include ¥26.5 billion for home appliances, ¥6 billion for cars with a displacement below 1.6L, ¥2.2 billion for lamps and ¥1.6 billion for machinery.
May 15 – China's electricity consumption rose 3.7% year on year to 389.9 billion kW hours in April, the National Energy Administration said. During the first four months, electricity consumption was up 6% from a year earlier to 1.56 trillion kW hours, including 26.7 billion kW hours from the primary sector (down 4.2%), 1.13 trillion kW hours from the secondary sector (up 3.7%), 181.7 billion kW hours from the tertiary sector (up 12.5%) and 217.6 billion kW hours from civilians (up 15.4%).
May 9 – China's government will invest ¥430 billion in wastewater treatment and ¥263.6 billion in harmless disposal of urban domestic garbage during the five years through 2015, according to a plan released by the State Council, the nation's cabinet.
$1 = ¥6.31
@2011 China Economy @ The China Perspective.
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