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BY Tali Aaron : August 9

China to Invest $739 Billion in Newly Developing Energy Industries

China renewable energy

The China Securities Journal reported today that China is close to unveiling a plan to invest nearly 5 trillion yuan ($739 billion) in newly developing energy industries between now and 2020. This investment would boost the development of the solar, wind, nuclear, and biomass energy industries in China. It would also be used to pursue clean coal, smart grid, and new energy sources for automobiles. Having already been approved by the National Development and Reform Commission, the plan will soon be submitted to the State Council for final approval.

Within the last year, China surpassed the United States as the world's largest energy user, according to the International Energy Agency, but it has lately been seeking ways to reduce its energy consumption. By 2010, the country plans to use 20% less energy per unit of economic output than it did in 2006. At the end of 2009, China was approaching this goal, having reduced its energy consumption by 15.69%.

21 Responses to China to Invest $739 Billion in Newly Developing Energy Industries

  1. buildaroo on September 2, 2011 at 9:23 pm


    China to Invest $739 Billion in Newly Developing Energy Industries http://t.co/q03P0ug #eco #cleantech #greenbuilding #renewableenergy

  2. buildaroo on February 17, 2011 at 1:19 pm


    China to Invest $739 Billion in Newly Developing Energy Industries http://bit.ly/cfpiUu #eco #cleantech #greenbuilding #renewableenergy

  3. TO Cleantechie on January 25, 2011 at 3:45 pm


    RT @cleangreenpro: #China to Invest $739 Billion in Newly Developing #Energy Industries http://bit.ly/cfpiUu #techtuesday #cleantech

  4. Connie Kelley on January 24, 2011 at 3:30 am


    RT @cleangreenpro: China to Invest $739 Billion in Newly Developing Energy Industries http://bit.ly/cfpiUu #eco #cleantech #greenbuildin ...

  5. Carbon Army on January 23, 2011 at 10:29 pm


    RT @cleangreenpro: China to Invest $739 Billion in Newly Developing Energy Industries http://bit.ly/cfpiUu #eco #cleantech #greenbuildin ...


  6. [...] Ángel en mi primer blog me animó a investigar dónde estaba invirtiendo China esa considerable bolsa de dinero que ha destinado a nuevas formas de energía. Aunque internet es rica en fuentes de información, no [...]

  7. Swapnil Kotecha on August 26, 2010 at 11:07 pm


    RT @cleantechgroup: China close to unveiling plan to invest nearly 5 trillion yuan ($739B) in energy industries between now and 2020 http://bit.ly/9F5aZF

  8. Joel Hochanadel on August 11, 2010 at 9:27 pm


    RT @buildaroo: #China investing $739 billion in #renewableenergy http://bit.ly/cfpiUu #energy #cleantech #alternativeenergy

  9. Sydney Netter on August 11, 2010 at 6:21 am


    RT @SolarFred: U listening Congress? RT @cleantechgroup: China plans to invest nearly $739B in #energy between now & 2020 http://bit.ly/9F5aZF #solar

  10. Green Go Solar on August 11, 2010 at 1:33 am


    RT @freehotwater: U listening Congress? RT @cleantechgroup: China plans to invest nearly $739B in #energy between now & 2020 http://bit.ly/9F5aZF #solar

  11. Alex on August 10, 2010 at 10:58 pm


    RT @buildaroo: China to Invest $739 Billion in Newly Developing Energy Industries #biomass energy http://bit.ly/dguV9m

  12. Alexander Asbury on August 10, 2010 at 10:58 pm


    RT @buildaroo: China to Invest $739 Billion in Newly Developing Energy Industries #biomass energy http://bit.ly/dguV9m

  13. James Ritchotte on August 10, 2010 at 10:52 pm


    RT @ThePhoenixSun: RT @SolarFred: U listening Congress? RT @cleantechgroup: China plans 2 invest nearly $739B in #energy by 2020 http://bit.ly/9F5aZF #solar

  14. Osha Gray Davidson on August 10, 2010 at 10:50 pm


    RT @SolarFred: U listening Congress? RT @cleantechgroup: China plans 2 invest nearly $739B in #energy by 2020 http://bit.ly/9F5aZF #solar

  15. Jim O'Donnell on August 10, 2010 at 10:49 pm


    RT @nan_fischer RT @SolarFred : U listening Congress? China plans to invest $739B in #energy tween now & 2020 http://bit.ly/9F5aZF #solar

  16. nan fischer on August 10, 2010 at 10:43 pm


    RT @SolarFred: U listening Congress? China plans to invest nearly $739B in #energy between now & 2020 http://bit.ly/9F5aZF #solar

  17. Solar Fred on August 10, 2010 at 10:27 pm


    U listening Congress? RT @cleantechgroup: China plans to invest nearly $739B in #energy between now & 2020 http://bit.ly/9F5aZF #solar

  18. Tor Valenza on August 10, 2010 at 10:27 pm


    U listening Congress? RT @cleantechgroup: China plans to invest nearly $739B in #energy between now & 2020 http://bit.ly/9F5aZF #solar

  19. Andrew Tarsy on August 10, 2010 at 9:53 pm


    And the US plan is what? RT @cleantechgroup: China plan to invest 5 trillion yuan ($739B) in energy industry by 2020 http://bit.ly/9F5aZF

  20. John Vernon on August 10, 2010 at 9:51 pm


    China to Invest $739 Billion in Newly Developing Energy Industries ~ http://bit.ly/dguV9m

  21. cleantechgroup on August 10, 2010 at 9:49 pm


    China close to unveiling plan to invest nearly 5 trillion yuan ($739B) in energy industries between now and 2020 http://bit.ly/9F5aZF

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