BEIJING, May 17 (Xinhuanet) -- China is working to
quadruple its 2000 GDP (gross domestic product) while only doubling its energy
consumption by 2020, said Vice Premier Zeng Peiyan Tuesday at the ongoing
Fortune Global Forum here.
The energy consumption might be even lower, he said.
In the last two decades of the 20th century, China
quadrupled its GDP when its energy consumption was doubled.
To achieve the goal, he said, China will put equal
emphasis on energy development and preservation, with priority given to
preservation, and bring under strict control industries of high energy
consumption, while developing energy-efficient housing andfuel-efficient motor
vehicles, said the vice premier.
The government will readjust the structure of energy
resources,support the development and application of clean coal
technologies,accelerate hydropower, nuclear and gas power projects and other
clean energy programs, and the development of renewable energy projects, Zeng
China will also push forward international
cooperation in energy industry when it tries to resolve the energy problem on
domestic resources, Zeng added.
According to Zeng, China has favorable conditions for
rapid, sustainable economic growth, such as the continuously upgrade consumption
structure, rapid industrialization and urbanization, huge market potential,
sufficient labor supply, high level of individual savings level and improved