|Policy Type:||Policy Support>Strategic planning|
|Policy Target:||Energy Sector>Electricity Generation>Renewable|
|Agency:||National Development and Reform Commission (NDRC)|
The National Development and Reform Commission (NDRC) issued its Medium and Long Term Development Plan for Renewable Energy in September 2007. The Plan establishes targets for the development of various sources of renewable energy up to 2020 calling for the percentage of renewable energy to rise to 10% of total energy consumption by 2010 and 15% by 2020.
An investment of CNY 2 trillion (approximately USD 263 billion) before 2020 on renewable energy development in China is envisaged to reach this goal.
By 2020, the plan calls for the development of a total of:
In addition, the plan generally establishes that the government will adopt a variety of measures to encourage and stimulate the development and use of renewable energy. These include preferential financial and tax policies, including specialised funds subsidising the development of renewable energy sources, and the reduction or elimination of taxes for certain qualified renewable energy development activities.
|This record is superseded by:||12th Five Year Plan for National Strategic Emerging Industries|
Last modified: Mon, 22 May 2017 10:21:45 CEST