China's Xi announces new climate targets
FILE PHOTO: Chinese President Xi Jinping attends a bilateral meeting with President of Congo Republic Denis Sassou Nguesso (not pictured) in The Great Hall of the People on September 04, 2025 in Beijing, China. Lintao Zhang/Pool via REUTERS/ File Photo
BEIJING (Reuters) -China aims to reduce economy-wide greenhouse gas emissions by 7% to 10% by 2035 compared with the peak, President Xi Jinping said as he announced China's updated climate targets to the United Nations General Assembly in New York on Wednesday local time.
As part of China's nationally determined contributions targets, by 2035, the country's non-fossil energy consumption will account for more than 30% of total energy consumption, Xi said in a video speech to a climate summit of the assembly.
China will strive for its total installed capacity of wind and solar power generation to reach 3.6 billion kilowatts, more than six times the 2020 level, Xi said.
(Reporting by Yukun Zhang and Ryan Woo; Editing by Chris Reese)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Thailand's second-quarter growth seen slowing sharply as weak consumption weighs: Reuters poll
- Indonesia names two tax officers as suspects in $112 millionĀ pulp under-invoicing case
- Dollar treads water as Fed hike bets pared on benign US inflation
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share