China Energy Outlook 2020 - Flipbook - Page 58
and water consumption, the total amount of land used for construction, and aggregate
carbon emissions will be effectively controlled, and aggregate emissions of major
pollutants will be significantly reduced.”
Focusing on energy-related goals, the 13th FYP promises:
“We will move ahead with the revolution in energy consumption. We will promote
society-wide energy conservation, make comprehensive efforts to promote energy
conservation in industry, construction, transportation, public institutions, and other areas,
and launch projects to upgrade boilers, furnaces, lighting products, and electric motors
and recover waste heat for household heating. We will develop and spur the adoption of
energy-conserving technologies and products and demonstrate the application of major
energy-conserving technologies.”
The 13th FYP prescribes a number of targets to be reached by 2020 including goals related to
GDP, total primary energy consumption, and the share of services sector value added which is
used to measure China’s progress moving away from the energy-intensive industrial sector to
services which consume significantly lower energy per unit of value added. In addition, the 13th
FYP outlines energy and environmental goals such as the share of non-fossil energy sources in
total primary energy and the reduction in energy consumption and CO2 emissions per unit of
GDP (Table 2-1). The 13th FYP goal for 2020 GDP is >92.7 trillion RMB (13.5 trillion US$); in 2018
China’s GDP was 83.3 trillion RMB (12.1 trillion US$), on pace to meet the 2020 GDP goal.16
After the release of the 13th FYP, an energy development plan under the 13th FYP was
announced (NDRC, 2016a). This plan established several key goals for 2020, including limiting
China’s total energy consumption to under 5 billion tonnes of coal equivalent (Btce) and
capping the total coal consumption within 4.1 Btce by 2020. The plan also calls for increasing
the share of non-fossil energy consumption to 15% and above by 2020 while reducing the share
of coal in total energy use to below 58%.
China appears to be on track to meet all of its key 13th FYP 2020 energy and CO2 emissions
goals, except the services sector share of value added (Figure 2-2), which was 52.2% in 2018,
just slightly behind the value needed to keep on a steady pace to the goal of 56%. Note,
however, that the increase in the services (tertiary) sector value added has occurred because of
the decrease in the primary sector, not because of a decrease in the share of the industry
(secondary) sector, which represented 41% of the share of value added in China’s GDP in both
1990 and 2018.
16
Converted using https://www1.oanda.com/currency/converter/ on July 1, 2019.
44