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    MarketForces Africa » MarketForces News » China Leads in New Energy Sector, says Spokesperson

    China Leads in New Energy Sector, says Spokesperson

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiAugust 25, 2024 News No Comments2 Mins Read
    China Leads in New Energy Sector, says Spokesperson
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    China Leads in New Energy Sector, says Spokesperson

    Mai Ning, Spokesperson for China’s Ministry of Foreign Affairs, has stated that China’s new energy sector has positioned the country as one of the fastest in the world in terms of energy-intensity reduction.

    Energy-intensity reduction involves using less energy to produce a product or service. Mai said this, while speaking at a global virtual news conference in Beijing, China, on Friday.

    He said China had built the world’s largest industrial chain of new energy and provided 70 per cent of global PV components and 60 per cent of wind power equipment.

    She added this had significantly boosted global energy transition and green, low-carbon, and sustainable development.

    Mai highlighted China’s clean energy projects in Africa, such as the Garissa PV power plant in Kenya, which reduced CO2 emissions by 64,000 tonnes annually, and the Kaleta hydropower plant in Guinea, which had eased electricity shortages.

    She emphasised China’s commitment to green development, ecological protection, and resource conservation, as outlined in the third plenary session of the 20th Central Committee of the Communist Party of China.

    Mai also addressed China’s economic growth, stating that the country had been among the fastest-growing major economies, accounting for around 30 per cent of global growth.

    She highlighted China’s efforts to support developing countries’ capacity-building through international development cooperation.’

    She also highlighted China’s commitment to building a modernised world with peaceful development, mutually beneficial cooperation, and common prosperity. #China Leads in New Energy Sector, says Spokesperson

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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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